One of my favorite technique to buy a strong stock on huge gap up is
Wait for some days after the gap up to see a range would be formed.
From here I have 2 choices
If a stock will go up an upper range, I will buy it as soon as the stock crossing up, stop loss if it will go back to the range
If a stock will move down to the lower range, I will buy as...
We had another trade on NYSE:DELL on March 13 which was failed trade. See the details in the related ideas section.
On March 21, 24, the stock found support at its moving average MA-20 and also crossed the trendline going up, hence we entered a new position here at close.
- 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 $60
Dell nice breakout on a great earnings. It is not crazy expensive. Earnings probably get bumped up to 10 dollars for next year from 7-8 dollars a share on the server backlog. Put an AI multiple on that and baby you got 20-30 times next years earnings of 10 dollars by summer, or a 200-300$ stock ha.
In a market characterized by uncertainty, Dell Technologies ( NYSE:DELL ) has emerged as a beacon of resilience and innovation. The tech giant's recent fourth-quarter earnings report exceeded all expectations, propelling its shares to soar by a staggering 15%. This surge was fueled by a resounding beat on both top and bottom lines, underscoring Dell's adeptness at...
We are either at or 5% near the top. Dell has risen all on AI HYPE , earnings have been lack luster and do not support this rise/ technically overbought with divergence on all time frames.
IMHO, This is a straight forward SHORT set up with stops above 85, or highest high.
I think it will go lower at a minimum to test the previous ATH and fill the 55 ...
Dell seems set to at least test 1.68 Fib level which is at around 78.50.
Could be a nice trade. Buyers stepping in from 72 makes sense.
For conservative trader, maybe around 69 makes more sense.
Hello Everyone 🙋🏽♂️
Ascending channel pattern
💲 Entry Point : 76.07
🟢 TP 68.62 🔴 SL 79.74
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a...
Dell Technologies (NYSE: DELL) is collaborating with Meta to make it easy for Dell customers to deploy Meta's Llama 2 models on premises with Dell's generative AI (GenAI) portfolio of IT infrastructure, client devices and professional services.
"We are at the beginning of a new era with generative AI transforming how industries operate, innovate and compete,"...
In the bad market conditions 'Bad news is bad news and Good news is also Bad news'.
Dell announced that it joined the A.I bandwagon , SEED_TVCODER77_ETHBTCDATA:5B stock buy back and dividend increase. Too many good news but still stock dropped 2% today.
In normal circumstances, in a perfect world, this is Bullish Flag.
People would jump on long side as soon...
Here we have Dell Technologies Inc. (DELL) I am looking for shorting opportunities here within the next few weeks as you can see on the chart we are overextended from the upper band on the Bollinger Band. We are also overbought on the RSI. We are starting for form a bearish Heikin Ashi candlestick as well. I would target the recent resistance which the the red...
Hello There!
Welcome to my new analysis of DELL. In recent times I have spotted and analyzed important setups in the stock market that have the ability to emerge with a worthwhile hedge against the severe inflation, recession, and supply-chain events currently going on. In today's times, it is more than necessary to pick the gems that have the potential to be...
Dell after a long consolidation is able to pump and print its first bullish candle with good volumes indicating a bull run about to rake place..
best investment for long run till 130..probably can be achieved in a year.
Nice hourly uptrend inside of daily uptrend, good risk reward. Coming into good 15 minute demand zone.
Did I follow my plan?
Entry: Yes
Exit:
What mistakes did I make?
What could I have done better?
What rules would have helped the above?
