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Technology Stocks : Dell Technologies Inc.
DELL 125.97-1.0%3:59 PM EST

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To: Venkie who wrote (44120)5/21/1998 2:47:00 PM
From: gial  Read Replies (1) of 176387
 
DELL is a momentum stock, to stop the current decline and resume its upside climb, it needs some positive news to propel the upward move, ie, earnings, industry news. The earnings they turned in is great, but so is the recent sharp climb from $66 to $96 . I am also tempted to buy here, but unlike the momentum existed before the earnings release, I just don't see any convincing momentum right now to push it higher short term.
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