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andrewyu02
Dec 8, 2023 7:32 AM

DELL Elliot Wave Analysis - Wave 1 Complete Short

Dell Technologies Inc.NYSE

Description

- 5 wave move up from 12.93 should now be complete. wave 2 target lies around $48 to $50.

- to short in wave A of wave 2, look for entry at the 0.618 retracement of the latest move down
at around $73.
- Target for end of wave A: $64, then $60

Comment

0.618 hit. now to watch for a rejection

Comment

price blew past eh 0.618 and made a new high. It seems like the green wave 4 and 5 were never finished. Looking at it now, green wave 5 may finally be near its completion

Comment

This did not work out... Power of AI
Comments
ColoRider
Can't bet against the potential of AI this year
SabahEquityResearch
Perfect idea, good luck
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