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


To: Ms. X who wrote (59998)8/20/1998 10:13:00 PM
From: Jorj X Mckie  Respond to of 176387
 
Hit the send button before adding my comments:
Jan,
It looks like DELL gave multiple sell signals going into August. With the latest triple top break do we ignore this?

Dell can chalk up two major accomplishments on the P&f chart this week. It
broke a spread triple top and a spread double top. This move takes Dell out
of the trading range it developed during the market decline. With the RS
strong (never weakened really) and the sector gaining some strength. Dell
looks good for the long run.
Personally, I'd like to see it pullback to 112 for a buy but you know
Dell...that may never happen. The stop or hedge point on longs would be 99,
break of all near term support.