D1EL34 trade ideas
$DELL can rise in the next daysContextual immersion trading strategy idea.
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $53,08;
stop-loss — $51,71.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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DELL: Ascending Triangle, confirmedAscending Triangle, confirmed
Descending volumes.
200MA Flat = Neutral (Low Sampling)
PPS above 50MA and 200MA
250RSI above 50 = bullish (Low sampling)
Low ATR = Low volatility
Target 1= 46.67 $ Filled
Target 2= 49.18 $ Filled
Target 3= 52.11 $
Target 4= 56.08 $
Target 5= 61.31 $
Target 6= 61.60 $
Bonus: Target 7= 70.31 $
$DELL can rise in the next daysContextual immersion trading strategy idea.
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) products and services worldwide.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $49,36;
stop-loss — $48,28.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
DELL - 5/19/2020DELL - Ichimoku daily chart finally shows a consistent and stable upside move that both lines are above the cloud. Tenkan sen has golden cross kijun sen. The next target is $50. This upside buying could be a flow coming from today's unusual option activities on HPQ, another PC manufacturer's 41K+ contracts on its 5/29 $18 calls. Dell is more enterprise oriented and owns 80% of VMW shares, a winner compared to HPQ maybe.
Dell: Next Retracement Wave: Take Profit at $48First off, please don't take anything I say seriously. As always, this is on opinion based basis. That being said, let me get into a few insights. I believe that Dell looks like it may be on a bullish or breakout period for a retracement wave from March's bearish "panic sell decline". This is a guess that I am taking given the Covid19 period and the patterns prior. I believe it is about to pass its $48 threshold and then continue to a similar pattern upwards towards is February price. Its looks like a climb may be happening.
Dell has an awful balance sheetDell has been on the down for a year, now they are really going down. And they are still doing stock buy-backs. The stock is way too high. Dell will be the main stock dragging down the XLK ETF for the next two weeks, and the next two months. They could get in serious debt trouble here.
Dell is my number one short position with out-of-the-money put options into June.
I am betting on coronavirus against $DELLMicrosoft Corp. $MSFT the world’s most valuable tech company, warned investors on Wednesday that it will not meet its recent guidance for its personal-computing business because of the impact of the coronavirus on the supply chain.
Therefore
I bet $DELL will cut its official guidance in a way that will disappoint its shareholders when it reports its earnings After Market Close on Thursday.
The chart shows that $DELL is breaking out of a bearish continuation pattern with a possible target between $32 and $35
Finally i like mar 20, $40 puts to take advantage of this potential disappointment (current ask price $1.15)
Let's go corona