This is pretty basic technical analysis. If DELL crosses the yellow intermediate trend line, I would expect the target to be around the upper green trend line. If it fails at the yellow, I would reassess the chart closer to the lower reds trend line. I would take at least partial profit on a tag of the green trend line. There was not much recent news concerning the stock. An upgrade from Evercore earlier in the month and news that DELL would be working with NVDA on some new chips