1DELL trade ideas
DELL SHORTWe 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 gap.
Choose your own setup, there is plenty of room for late comers, so take your time and be sure its going down first before you join. When we have the tech correction join the ride down on this relatively easy one... so keep it on your watchlist.
Dell broke out of Ascending TriangleDell 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.
DELL ↘️ Short Trade setup ↘️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 $.
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Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
The Intrinsic Value Of Dell Technologies Inc. (NYSE:DELL)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," said Jeff Boudreau, chief AI officer, Dell Technologies. "With the Dell and Meta technology collaboration, we're making open-source GenAI more accessible to all customers, through detailed implementation guidance paired with the optimal software and hardware infrastructure for deployments of all sizes. Now, customers can more easily deploy secure GenAI models on premises for powerful new approaches and insights."
With Meta's Llama 2 and the breadth of the Dell Generative AI Solutions technology and services portfolio, organizations of all sizes have access to more reliable tools to deliver GenAI solutions from desktops to core data centers, edge locations and public clouds.
Dell is leveraging AMD EPYC fourth-generation CPUs in its latest PowerEdge C6615 server. In combination with Open Manage Enterprise software, Dell servers enable cloud service providers to intelligently monitor their systems and deliver more efficient computing services.
Price Momentum
DELL is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
DELL - Is it Long or Short ? 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 as it touches the top of the gap.
The famous trader @traderstewie calls it 'Bullish PEG'.
Is it a bull flag ?
Is this going to fill the gap here?
or hold the gap for a while just to kill both sides calls and puts?
My bets are on the gap fill but slowly and painfully for the put holders.
Short, Downside Target Price - 56
Possible bearish opportunities for Dell in the upcoming weeks
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 line for TP 1 and the VWAP for TP 2.
DELL, Massive BULLISH Price-Action Spikes, EXPANSION-Setup!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 the primary hedge for the crucial transformational events going on. In this case, my main approach within the stock market is to only pick the top trading setup opportunities to move forward with a total-return approach to hedge against bearish liquidation events.
With DELL, it has to be mentioned that DELL had the ability to emerge with this momentous all-time-high breakout printing this over 30% bullish spike wave towards the upside. In this case, the volume is also an important factor here, because without the increased volume this would just be a huge bull trap and the bears are likely to turn the market again. However, this is not the case and DELL had the ability to confirm this important bullish price-action spike with the necessary volume confirming it as a legit breakout and establishing the base for further expansions.
Together with this major all-time-high breakout DELL also is trending in this gigantic expansional wave-count with the wave A and B already being completed and now the wave C is within the expansion phase. This means that with the bull-flag formation that completed wave B the DELL price-action already set a 350% wave expansion target within the 180-200 area. Especially when the volatility as it is currently doing increases 3x, 4x, 5x, or more this means that these targets will be reached at a much faster pace than is the case with other setups in the market.
Currently, DELL is already forming the continuation setup with the ascending triangle on the local term which will be completed within the next time, especially when this happens with a high volatility the increased momentum will be determined. Because of the significance of this important setup and because DELL has been approved as a major potential gem I am keeping the stock on my watchlist and elevating important changes, especially in terms of events that could trigger a huge demand rally here.
Thank you everybody for watching my idea about DELL. Support from your side is greatly appreciated.
“Price is what you pay. Value is what you get.”
VP
DELL bull run started after large consolidationDell 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.
DELL 7.12.23Nice 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?
DELL Set Pivot Price notes for this current trend focus. Expecting some accumulation aroud 58-62 area with a drop support around 54-55 if we have that double top rejection showing in the projection. We should be bouncing on NOV 13 2023 and Continuation higher low on JAN 2 2024. for this run up to retest to 66 around APR for the ending of this trend theory.
This must remain above 47.53-49.85 to remain bullish so watch the purple line if we fail we lose our supply zone
This is not financial advice just a nice fn asian making some guesses. ;-)
DELL start the new wave clycleDELL is going the new cycle
the last cycle , it made 1st wave extension and corrective Zigzag down to 38.2% of the previous impulsive wave
The next cycle is starting breakout the channeling . It should be wave 3 breakout.
DELL Technologies Options Ahead of EarningsIf you haven`t sold DELL here:
then Analyzing the options chain of DELL Technologies prior to the earnings report this week,
I would consider purchasing the $47.5 strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $2.10
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Dell looking Very invitingStructure cant look any better then this. So many confirmations. I do believe all the stars are in line for a buy on DELL
Weekly chart showing a break and retest of last support level with a break of downward trend accompanied by a bullish engulfing weekly candle off support Also see the cross over on the RSI and MACD.
DELL Stock Chart Fibonacci Analysis 032923 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 38/61.80%
DELL ready to flip bullish trendDELL is looking like it found support and trend reversal to the upside is more likely.
Dell looking good for long termDell had been trying to break through its downtrend line but FED new caused overselling. The price is trading near the support zone and very narrow range in the 1W time frame. Watch intraday and 1D time frame price action if the price tries to take a bounce.
DELL bearish with possible breakdown from the triangleTHE CONSISTENT TRADES analyze DEL as a bearish/weak fundamental stock and therefore would be traded only in a short position.
DELL is in a symmetrical triangle and is near the end of it which could indicate a strong move sooner than later. Break down below the red dotted line would trigger a short position but only if the market turns negative and start its leg down.
Volume is more bearish than bullish as drops are on stronger volume than those on a green day.
Price is below all major MA which is bearish, also all MA are very close to each other signaling a strong move soon.
RSI is neutral.
MACD is also neutral and is also in a symmetrical triangle.
Overall: DELL is holding inside of a symmetrical triangle due to the strong move up on the market. With the likely starting of the leg down on SPY, there is a high chance DELL will break down from a symmetrical triangle and trigger a short position. For the short position, we should wait for the creation of a leg down on major indices or SPY. Only a strong and powerful drop in volume here without SPY in red would indicate a short-sell position.
DELL daily - on the verge of fallDELL is a bearish/weak fundamental stock therefore would be traded in on a short position
DELL is still inside a symmetrical triangle about which we are talking for some time. Last two days price did drop out of the triangle but not below our minor line which is the trigger area for the position.
DELL is below all major MA which is bearish and also 8 and 20 are right at the price which will act as resistance. DELL is hovering around the trend line and can't decide about a future move for now.
Volume is neutral.
RSI is neutral.
MACD histogram is more bearish than bullish due to the red histogram ticks and the fact MACD line is below the signal line.
Overall: DELL is on the verge of a real drop in price. It cant return in a pattern that is bearish for sure. For the bearish move, we need DELL to move strongly below the horizontal red dotted line to trigger a short position.
On the other side if DELL manages to return to the pattern we will continue to watch and follow it until it breaks on one side.
The short position would be triggered only if the price moves strongly on big volume below the horizontal red dotted line or the last few day's lows.
DELL daily - likely shortDELL daily - is inside of a symmetrical triangle below BigRed (200 days MA) which is bearish. It's found resistance at BigRed the last 4 times and got rejected which is also bearish.
Volume is neutral to bearish because the start of this leg up was on weaker volume.
Price is coiling between/inside/around 8, 20, and 50 days MA which indicates that DELL will soon move very hard.
RSI is pointing down which could be bearish.
MACD histogram tick lower (the day is not yet closed) while the MACD line point down which in case of the day finished in red could be bearish.
Overall: DELL is inside this big symmetrical triangle. A daily close below the blue dotted line would trigger a short position while a stop loss would be 1 penny above the upper trend line on the day it breaks out of the triangle. As this is bearish fundamental stock at the moment, I would trade it only to the short side.
DELL - Similar Positions Similar positions pointed out in green circles
Climbing over the mid line of the Fibonacci levels indicator
This may lead to further strong bull gains as was seen in the first green circle scenario
Indicator is called 'Fibonacci Levels'
$DELL with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $DELL after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 57.14%.
