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


To: Kenneth M. Koff, CPCU who wrote (45716)6/1/1998 1:01:00 PM
From: brian z  Respond to of 176387
 
DELL broke 20 day MA line on May 22, but 20D MA line is still flat and far above 50D MA line, not turning around down. NOT TOO BAD so far. Right now DELL is just above 50D MA line....I hope it can hold here(support at 77). IF DELL break 50D MA line, next support is around 61-64. MACD bearish, UP/DOWN volume pattern indicates distribution, RS is bullish. Keep close eye on 50 day MA line! I am not ready to get back to DELL yet since I didn't see short term trend reversal.



To: Kenneth M. Koff, CPCU who wrote (45716)6/3/1998 10:26:00 PM
From: Key West  Read Replies (1) | Respond to of 176387
 
<<To All:
Dell's price chart suggests (to me) next serious support level is at about $69/share.
What do the chartists on this thread believe?>>

Kenneth, you may be right about next support level at $69....after the possible upcoming stock split later this summer of course!

Let's see...hmmm....we see an inverse double head and shoulder extended well past 90 day on balance volume, but unconfirmed by a weak stockastics number. Then again the 200 day moving average is intact, while distribution remains nebulous.
Half the indicators are bullish, while the other half are bearish, so we predict profound volatility over the next 3 1/2 weeks, or expiry friday, whichever comes first.<<ggggg>>

Gene