Hello Community,
welcome to my new analysis of DELL on the 4-hour timeframe perspective. DELL has already emerged with strong bullish upthrusts, recently bouncing in the range. Now, I have detected further signs that have the potential to convert into a profitable trading opportunity with DELL.
When looking at my chart, we can see how DELL is forming this massive bull-flag formation. Within this formation, DELL bounced off several supports. The ascending trendline, the 100-EMA in blue, and the 50-EMA in grey are holding the trend to the upside.
From here on, DELL is already penetrating the upper boundary of the formation, primed for a final breakout. Once DELL breaks out above the upper boundary, it will activate the target zones as seen in my chart. When the bullish dynamic holds, DELL could establish a continued bullish paradigm even above the target zones.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
welcome to my new analysis of DELL on the 4-hour timeframe perspective. DELL has already emerged with strong bullish upthrusts, recently bouncing in the range. Now, I have detected further signs that have the potential to convert into a profitable trading opportunity with DELL.
When looking at my chart, we can see how DELL is forming this massive bull-flag formation. Within this formation, DELL bounced off several supports. The ascending trendline, the 100-EMA in blue, and the 50-EMA in grey are holding the trend to the upside.
From here on, DELL is already penetrating the upper boundary of the formation, primed for a final breakout. Once DELL breaks out above the upper boundary, it will activate the target zones as seen in my chart. When the bullish dynamic holds, DELL could establish a continued bullish paradigm even above the target zones.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
Trade active
►Professional Trader + Investor ►VP Premium Trading Channels: bit.ly/4bUD8N8 ►Telegram Daily Update Channel: t.me/VincePrinceForexGoldStocks ►$100 bonus, +$30,000 rewards, 0% maker fee link: bybit.com/en/sign-up?affiliate_id=19964
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
►Professional Trader + Investor ►VP Premium Trading Channels: bit.ly/4bUD8N8 ►Telegram Daily Update Channel: t.me/VincePrinceForexGoldStocks ►$100 bonus, +$30,000 rewards, 0% maker fee link: bybit.com/en/sign-up?affiliate_id=19964
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.