DELL trade ideas
DELL IdeaIdea for dell
It can be seen that there was a failed cup and handle breakout previously
Will this newly formed cup and handle fail also?
Currently sitting at fib resistance, 0.786
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.
DELL seems reversingI would measure it to 40 and get the gains. Seems bottomed out unless there's another COVID issue coming
DELL hope it reverses down hereI'll wait for the reversal sign after the ER and the market dip. The company stands true to the patterns even though it's a shorter time frame.
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
Dell Technologies Gap fill Idea-Profit Targets and SupportDell Technologies Gap fill Idea-Profit Targets and Support : 2/25/2020
DELL on it's way for teh third time nowSeems it's headed to repeat the pattern for the third time now through the ER. Depends on how hte ER plays out, but I wouldn't buy any calls for the ER and would rather get some puts. And but back when it reaches to high 40s again.
DELL Symmetrical TriangleDELL has formed a large symmetrical triangle which may lead to upsides. Included chart pattern for anyone who is learning these patterns.
Simmilar patterns on #Dell and #TeslaThe idea is for the purpose of following personal progress. Comments and feedback are appreciated.
#EMA #MACD
Please do your own research before making trading decisions!
Dell easily surpasses analysts expectations . EARNINGS REPORT HIGHLIGHTS
Dell Technology Inc. DELL,shares jumped 7% in the extended session Thursday after the IT powerhouse reported second-quarter results that beat Wall Street estimates. The Round Rock, Texas-based company rang up adjusted earnings of $2.15 a share. Revenue inched up 1% year-over-year to $23.45 billion. Analysts surveyed by FactSet had expected earnings of $1.50 a share on revenue of $23.3 billion. Dell shares are down 4% this year. The S&P 500 index SPX, +1.27% has gained 17% this year. SOURCE marketwatch
Average Recommendation: OVERWEIGHT
Average Target Price: $67.53
Short Interest 5%
DELL, BULLISH WOLFE WAVE, BIG #RRR 1:15 (AUTOLINES TEST 8)HI BIG PLAYERS,
I've like to show you this nice bullish Wolfe Wave in the Dell Chart.
Tomorrow are the next earnings and the chart has a currently little rebounce exactly on a typical Wolfe Wave Point 5 Fibonacci line 1.382 - it's the beginning of a bullish trend.
This early publishing can be a big advantage for you. Look, for every invested 1 $ you can earn 15 $ ... without pyramiding. This is why, the risk-return-ratio are 1:15 - this are a huge potential.
If you like to know more about a pyramiding idea, then visit my post here:
ATTENTION: I WILL SOON PUBLISHING MY WOLFE WAVE AUTOLINE INDICATOR - DON'T MISS IT - FOLLOW ME .
King regards
NXT2017
DELL Trade Idea BUYING CALLSNYSE:DELL
Sharing my ideas for:
DELL
Currently trades at 50.77
$58 target
Aug 16 expiration!!
$DELL Short Strangle OpportunityImplied volatility is very high in $DELL, and earnings are not until after August expiration. Right now, the 45/60 strangle for August has attractive pricing, high profit probability, and relatively small margin requirement. $Dell would need to rise by 16.4% or fall by 13.7% from current levels to be ITM.
