SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Point and Figure Charting
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Judy who wrote (10657)12/2/1998 3:27:00 PM
From: Ms. X  Read Replies (1) of 34809
 
Dell
The RS for Dell has been negative during this rally which is not the
best of signs. Recently Dell gave a sell signal, the first in the
recent uptrend. Today, Dell rallied to resistance but was unable to
break 67 and move to 68. I would watch this carefully. A break to 68
would be a positive sign for Dell but I would still only buy on pull-
backs with good R/R.
The next support levels are down at the low 50's with the trading band
in the low 40's.
Need to watch Dell to make sure it doesn't break any more support. If
so, first stop the lower 50's, next stop perhaps the bottom trading band.

Chart as of yesterday.
74
73 X
72 X O
71 X O
70 ----------X O
69 X O
68 O X O
67 O B O X <-Lower top
66 O X O X O
65 A --------X O X O C <-Yesterday's High.
64 O X O X O X
63 O X O X O X Med trading band
62 O X O O X
61 O X O X <--First break of support in uptrend(61 O)
60-O --------X ----O
59 O X X
58 O X O X
57 O X X O X
56 O X O X O X
55 O X O X O X
54 O X O X O X
53 O X O X O
52 O X O X <--Good support here in the lower 50's
51 O X O
50 O X
49 O X
48 O X
47 O X
46 O X
45 O X
44 O X
43 O
42
41 Bottom of the 10 week trading band.

Chart as of close today.
74
73 X
72 X O
71 X O
70 ----------X O
69 X O
68 O X O
67 O B O X X <-Movement today. At resistance and a double
66 O X O X O X top.
65 A --------X O X O C
64 O X O X O X
63 O X O X O X Med trading band
62 O X O O X
61 O X O X
60-O --------X ----O
59 O X X
58 O X O X
57 O X X O X
56 O X O X O X
55 O X O X O X
54 O X O X O X
53 O X O X O
52 O X O X <--Good support here in the lower 50's
51 O X O
50 O X
49 O X
48 O X
47 O X
46 O X
45 O X
44 O X
43 O
42
41 Bottom of the 10 week trading band.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News