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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Dorsey who wrote (134619)6/25/1999 6:34:00 PM
From: HungryMan  Respond to of 176387
 
Thank you for the feedback, and I do hope that "buy signal" comes soon (Maybe by end of next week?) :) We will see.. Good luck.

-- Hungry



To: Tommy Dorsey who wrote (134619)6/28/1999 10:02:00 AM
From: Peter Smith  Respond to of 176387
 
<<Once a stock gets oversold when in a downtrend it is normal for the stock to rise back to that level of the last sell signal. This is the point where there are investors who bought, only to see it decline and want out. This is what causes resistance at that level. This level is $40. It is more likely the stock will move back and forth at this level then give a buy signal by exceeding a previous top. That is the point I might add to the positions.>>

Which previous top would you want to see it exceed? The previous top ($39+) made over the last week or do you mean the top around $45 which it tried several times since Feb, which is successfully did make it to $50 for a period of just a few days?

I show some strong resistance around $41.50, so if Dell takes that out, I'd think it could climb much higher.

thanks