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Technology Stocks : Dell Technologies Inc.
DELL 126.01+1.3%Feb 10 3:59 PM EST
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To: Robert Scott Diver who wrote (23802)12/2/1997 6:40:00 AM
From: Thomas J. Smith  Read Replies (2) of 176388
 
50 Day Moving Average is heading down, and it is not unusual for a stock that is in a down trend to rally back to the 50 dma before meeting with overhead resistance. In most cases, before a stock can move onto new lows, it needs this final rally to suck in "Johnny come Lately". Look for a reversal move either today or tomorrow, on or about the 50 dma.
Have a good holiday!
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