$DELL Ready for a Dumpster Dive?

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DELL I got long on this one Feb 14th and I was stopped out just a few days later. I am looking at it again because they are a big supplier for AI hardware needs, and I think they are over sold. (Just because I think that does not make it so.)

Here is what I am looking at. Today’s candle is a clear rejection of heading lower (at least for today). If we can get a follow through candle tomorrow, I will look to take this long with a clearly defined risk just below today’s candle. Which if it follows through would be a nice higher low.

If you like this idea, please make it your own and make sure it fits your trading plan.

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