12/5/21 DELLDell Technologies Inc. ( NYSE:DELL )
Sector: Electronic Technology (Computer Processing Hardware)
Current Price: $58.48
Breakout price: $58.00 (hold above)
Buy Zone (Top/Bottom Range): $57.70-$55.90
Price Target: $64.20-$65.00
Estimated Duration to Target: 47-50d
Contract of Interest: $DELL 1/21/22 60c
Trade price as of publish date: $2.18/contract
1DELL trade ideas
$DELL Can Dell Take Back the 10/20 EMA?$DELL has shown some Relative Strength in this difficult market. I've made what I think are relevant notes on the chart. This is on my action list to go long if / when it re-takes the 20 EMA. This will give me a low risk entry as my stop will be placed just below the 20 EMA. Ideas, not investing / trading advice.
From earningswhispers.com
Dell Technologies Misses
Dell Technologies (DELL) reported 3rd Quarter October 2021 earnings of $2.37 per share on revenue of $28.4 billion. The consensus earnings estimate was $2.33 per share on revenue of $27.2 billion. The Earnings Whisper number was $2.43 per share. Revenue grew 20.9% on a year-over-year basis.
Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play.
DELL Opportunity to Ride and Nice Push UPDell as you can see from COVID DIP March 17 2020 has been on a tear recently shedding VMWare to do it's own thing it allowed DELL to focus back on what it does best. As you can see it has been on a constant tear VERTICALLY. It will be facinating to see if it will keep this going or if it will break trend. To me basing on the indicators i would bank on it bouncing off the lower trend line and pushing to the top side as it normally has it has not had many breaks on the bottom trend line and it does to the top side circled in yellow. Pay attention to your indicators showing you neutral signs i would much rather wait for a good entry point on the Stochastic or RSI before throwing my money in the hat, but with the holidays it is a good bet to think they will run.
DELL coming from all time highsWas looking for conformation of a bearish reversal for DELL, and at the top of the uptrend there is a bearish engulfing candle with other indicators pointing down. Using Fibonacci on the right as support and those on the left as resistance. Watching for a break of the uptrend line and finding support at the golden trend line.
10/17/21 DELLDell Technologies Inc. ( NYSE:DELL )
Sector: Electronic Technology (Computer Processing Hardware)
Current Price: $107.71
Breakout price trigger: $107.71 (hold above)
Buy Zone (Top/Bottom Range): $105.40-$102.90
Price Target: $111.00-$112.00 (1st), $124.00-$125.40 (2nd)
Estimated Duration to Target: 27-30d (1st), 145-150d (2nd)
Contract of Interest: $DELL 11/19/21 110c, $DELL 4/14/22 115c
Trade price as of publish date: $2.17/cnt, $5.55/cnt
Dell Squeezes Toward New HighsDell Technologies flew to new highs between late 2020 and early 2021. Now after a long period of consolidation, the PC maker may be squeezing toward a breakout.
The main feature on this chart is the high basing pattern between April and September. Notice how DELL held $94 in May, tested $90.50 in July and held $94 again last month. The result is an inverse head-and-shoulders formation.
Next, consider the price action around some news events. The bears initially stepped in on August 27 when rival HP (HPQ) issued a weak outlook. But the bulls regained control on September 23 when management reaffirmed guidance and announced a $5 billion share buyback.
DELL hit a new high over $105 that day and was near $108 by last week. Then the shares paused and pulled back. They’re now attempting to hold the previous peak from mid-June. Will old resistance become new support?
The current dip has also brought prices back to the 21-day exponential moving average (EMA).
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DELL buy zone 100.93 to 105.93 cup with handle base
Shares venture into buy zone with a 100.93 cup-with-handle entry point
Stock has an IBD Composite Rating of 87 out of a best-possible mark of 99
Dell stock has gained 40% in 2021, with much of that due to VMware spinoff
VMware will pay a special dividend of $11.5 billion to $12 billion to all shareholders. Dell will receive 80.6% of the dividend, or in a range of $9.3 billion to $9.7 billion. Dell is expected to use some of the proceeds to reduce its $19 billion adjusted debt on the balance sheet.
Amid the analyst day, Dell stock gained 3.5% to 102.69 on the stock market today. With the gain, Dell stock moved into a buy zone. The tech stock had topped a 100.93 cup-with-handle buy point on Aug. 24. It soon fell below that level but climbed back above it Thursday with solid price and volume action.
$DELL Another ER setupTo keep it simple, a short term trade to the upside is best over the monthly high, 102.68. Over that level, DELL should run to test the ATH. Flow positioning shows short term bearishness whilst long term remains extremely bullish. DELL looks ready for a run up towards ER in November. The daily flag looks strongly supported by Feb VWAP as well as April's gap up VWAP. Demand seems to be increasing with average volume spiking a few times in September. No prediction for ER. If Monday the market gaps down, it wouldn't surprise me if the dip gets bought heavily under the 50MA.
DELL Bullish going into ERDELL has been consolidating in the $95-$103(ish) range since the beginning of April, however we could see a solid move after this weeks upcoming ER. With a bright future outlook on what’s to come, DELL’s Calendar year shows great growth. On top of great financials, the charts are showing us bullish divergence as well. A bounce at the $97 level is ideal, which we could then see some movement up pass $98.50, which is a big support level here. If it breaks that level, we could see a great move upwards of $101. With ER on the 26th, we could see a bigger move then around $103! Excited to ride this one out.
DELL- moving upwardChart posted 8-3-2021 as of 10:48am - DELL has been selling off but harmonics suggest it has sold out enough to move in very profitable direction upsisde. Got some good triggers this am.. and all in. Just came off a micro bearish shark and the maco being a bullish shark. I like this. Targets listed on chart. Lets see what we can do.
Channels Repeat for Years: What Does This Mean?Here's the weekly for DELL. I put a channel on the first trend I saw (dark red). I stacked that channel Current price is at the top of three such channels. I marked the first up-trend I saw (dark green). I stacked that channel. The stock appears affected by both angles FOR YEARS and in a periodic way. I've seen this on at least one other chart, but I feel like it would be on any chart. What is this? Supply and demand curves??? (It even seems to have a small bit of predictive power for channel breakouts (at least on the large scale of the Weekly charts have). I'm a total noob, btw.
$DELL with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $DELL after a Negative under reaction following its earnings release placing the stock in drift D
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DELL: Trend Continuation, 13.4% Potential Profit!Description: DELL is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $79.4 - $84.1
2. Take profit: $105.12
3. Stop Loss: $87.08
4. Risk To Reward: 1 / 2
5. Accuracy Rating: 98%
Dell Low Volume Melt UpDell has continue this long melt up from a stiff drop in November of 2020. With COVID-19 making the world more digital centric I am very bullish on DELL. As all time high have just been set look for a continual melt up. I have a price target of $100 in the short to intermediate future. Look for a support line at around the $92 mark.
$DELL with a bullish outlook following its earnings $StocksThe PEAD projected a bullish outlook for $DELL following a positive under reaction after its earnings release placing the stock in drift A
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$DELL Before ERIs Dell due another pull-back, or will it continue the run-up higher after ER? I personally like Dell, but it finds itself near ATH and 3 days away from reporting earnings. It's important to note the anchored VWAP from October's pull-back as well as the strength above the 1-12 EMA clouds and climbing RSI/almost MACD cross on the 4h chart. Won't be considering any positions until after ER. Good luck to whoever plays this.