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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dominick who wrote (3460)3/1/2002 4:42:10 PM
From: Victoria Walley  Read Replies (1) of 5205
 
>>DELL has punched through it's 20 MA but it's in the resistance area of the January and February. Plus it is also at the top of a downtrend line from January.

Yes, I see that... it's sitting right on the 50 and 200 DMA and squarely on the downtrend top channel. I'll see what happens next week, I'm in no hurry. I'm also not particularly optimistic about DELL breaking through 30 any time soon.
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