Learn to Evaluate (DELL) using the Charts
January 18, 2024, 01:04 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DELL
- Buy DELL slightly over 77.24 target 82.74 stop loss @ 77.02 Details
The technical summary data tells us to buy DELL near 77.24 with an upside target of 82.74. This data also tells us to set a stop loss @ 77.02 to protect against excessive loss in case the stock begins to move against the trade. 77.24 is the first level of support below 77.66 , and by rule, any test of support is a buy signal. In this case, support 77.24 is being tested, a buy signal would exist.
- Short DELL slightly under 82.74, target 77.24, stop loss @ 82.98 Details
The technical summary data is suggesting a short of DELL as it gets near 82.74 with a downside target of 77.24. We should have a stop loss in place at 82.98though. 82.74 is the first level of resistance above 77.66, and by rule, any test of resistance is a short signal. In this case, if resistance 82.74 is being tested, a short signal would exist.
Swing Trading Plans for DELL
- Buy DELL slightly over 78.12, target 80.51, Stop Loss @ 77.89 Details
If 78.12 begins to break higher, the technical summary data tells us to buy DELL just slightly over 78.12, with an upside target of 80.51. The data also tells us to set a stop loss @ 77.89 in case the stock turns against the trade. 78.12 is the first level of resistance above 77.66, and by rule, any break above resistance is a buy signal. In this case, 78.12, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DELL slightly near 78.12, target 77.24, Stop Loss @ 78.35. Details
The technical summary data is suggesting a short of DELL if it tests 78.12 with a downside target of 77.24. We should have a stop loss in place at 78.35 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 78.12, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DELL
- Buy DELL slightly over 78.12, target 79.21, Stop Loss @ 77.94 Details
If 78.12 begins to break higher, the technical summary data tells us to buy DELL just slightly over 78.12, with an upside target of 79.21. The data also tells us to set a stop loss @ 77.94 in case the stock turns against the trade. 78.12 is the first level of resistance above 77.66, and by rule, any break above resistance is a buy signal. In this case, 78.12, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DELL slightly near 78.12, target 77.53, Stop Loss @ 78.3. Details
The technical summary data is suggesting a short of DELL if it tests 78.12 with a downside target of 77.53. We should have a stop loss in place at 78.3 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 78.12, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Dell Technologies Inc. Class C (DELL) available here: DELL.
DELL Ratings for January 18:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Strong |
| P1 |
0 |
0 |
71.76 |
| P2 |
77.53 |
78.12 |
77.24 |
| P3 |
79.21 |
80.51 |
82.74 |
AI Generated Signals for DELL
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Dell Technologies Inc. Class C (NASDAQ: DELL) report below can help you understand how to do this. The trading plans for DELL, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DELL:
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