Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: freeus who wrote (83363)	12/2/1998 3:58:00 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 176387

Since I get the Inst. report I will keep you guys updated on Dell and other plays that he calls. He really is quite good but nobody is perfect.

To: freeus who wrote (83363)	12/2/1998 4:05:00 PM
From: Augustus Gloop	Read Replies (3) \| Respond to of 176387

here are all this years calls. Not bad in my opinion. -------------------------------------------------------------------------------- 12/01/98 [DELL] Dell Computer Corporation ($60.813) broke a double bottom at $61.00. The stock has made a lower top and that along with the RS chart in a column of O's is disconcerting. No new positions here and the next support for DELL is now down at the low 50 area. The bottom of the ten week trading band won't be met until the lower 40'S. -------------------------------------------------------------------------------- 10/27/98 [DELL] Dell Computer Corporation ($62.500) broke a double top at $60.00. Second straight buy signal off the bottom and follows another higher bottom. From here could see a test of the old highs of 69. Use pullbacks as trading opportunities, with a stop of 50. -------------------------------------------------------------------------------- 10/16/98 [DELL] Dell Computer Corporation ($58.063) broke a double top at $58.00. This break follows a higher bottom and could now see a test of old highs. RS and trend area positive. Stock has been subject to wide swings of late but okay for aggressive traders to buy here with a stop loss of 50, a double bottom break. -------------------------------------------------------------------------------- 10/02/98 [DELL] Dell Computer Corporation ($61.563) broke a double bottom at $62.00. First sell signal of the month as Dell continues to trade above its uptrend line. Relative strength is positive and initial support lies at 60. Would be more apt to use pullback to initiate positions. -------------------------------------------------------------------------------- 09/29/98 [DELL] Dell Computer Corporation ($68.063) broke a double top at $67.00. This completes a bullish catapult formation. DELL continues in its strong uptrend here. Relative strength is positive, too. Try to catch DELL on a pullback to the 66 area. The first sign of weakness on the chart would be a double bottom at 62. -------------------------------------------------------------------------------- 09/24/98 [DELL] Dell Computer Corporation ($64.375) broke a triple top at $61.00. Dell continues to be one of our favorites in the computer sector. The stock is now testing old highs as it continues to trade above its bullish support line. Relative strength remains positive. Okay to play here and add on any pullback. Use a traders stop of 52, a spread triple bottom break. -------------------------------------------------------------------------------- 09/23/98 [DELL] Dell Computer Corporation ($60.063) will break a triple top at 61. A break here would take this stock back up close to all time highs. The overall trend remains bullish and the RS chart is positive and in X's. Can buy DELL on the breakout. Remains one of our favorites in the computer sector. USe a traders stop at 52. -------------------------------------------------------------------------------- 09/22/98 [DELL] Dell Computer Corporation ($57.875) - This stock has held up very well in this market so far. Two signs of this are that it is well above its June lows and it went to new highs in August. It remains above its uptrend line with positive relative strength. The most recent break came at 58, a double top. A move to 61 would now break a triple top. Can buy here. Traders use the triple bottom sell signal at 52 as the stop while investors can use a stop loss of 52 which would violate the September lows. -------------------------------------------------------------------------------- 09/15/98 [DELL] Dell Computer Corporation: The post-split chart of DELL shows that there is a nice base in the 50-60 area. Most recently, DELL held support at 53 and reversed back into a column of X's on Friday. Okay to play this one here. There is initial support at 53 and then again at 47. -------------------------------------------------------------------------------- 09/09/98 [DELL] Dell Computer Corporation ($59.938) broke a double top at $58.00. This break follows a 2 for 1 split that DELL made today. The relative strength is in X's and the trend is positive. Okay to initiate positions on a pullback to the mid 50'S. Use a stop of 46 which breaks the September bottoms, or a relative strength reversal into O's. -------------------------------------------------------------------------------- 08/19/98 [DELL] Dell Computer Corporation ($109.563) broke a double top at $112.00. DELL has managed to consolidate a little here. The relative strength has been very strong, remaining in a column of X's. This move also breaks a spread triple top, so it brings the stock through fairly strong resistance. Further resistance lies at 118, the previous high. OKay to play here and on a pullback to 108 area. A move to 98 would violate all near term support and can use that a stop or hedge point. -------------------------------------------------------------------------------- 08/06/98 [DELL] Dell Computer Corporation ($106.750) broke a double bottom at $100.00. Second consecutive sell signal for DELL and while the relative strength chart continues to hold up well, more market weakness in general could take this one down to next support at 90. Support after that is in the lower 80'S. Would wait for the indicators to reverse up or the stock to consolidate before initiating new positions. -------------------------------------------------------------------------------- 07/27/98 [DELL] Dell Computer Corporation ($104.875) broke a double bottom at $104.00. This sell signal follows a lower top and the next support is at 95, an area of previous resistance. Under that it s 90. No new positions here and if long would consider selling or at least hedging long positions. -------------------------------------------------------------------------------- 07/09/98 [DELL] Dell Computer Corp. (TC): This stock reversed up from a shakeout pattern at 93 then didn't stop there, but instead rallied further to break a triple top at 96 to complete a shakeout pattern. Relative Strength remains on a buy signal and in a column of X's. The Computer sector inched up further in Bull Confirmed status this week to a reading of 39.4%. Daily and Weekly momentum are both close to flipping positive as well. Ok to buy DELL here with a stop loss of 89 for traders, a double bottom break. -------------------------------------------------------------------------------- 07/09/98 [DELL] Dell Computer Corporation ($96.375) broke a triple top at $96.00. The stock has reversed back up and broken out top complete a shakeout formation. Ok to buy half here and the remainder on a pullback. Use a stop loss of 89, a double bottom break. RS is positive and in a column of X's. -------------------------------------------------------------------------------- 07/07/98 [DELL] Dell Computer Corporation ($91.750) broke a double bottom at $91.00. Overall trend remains up as Dell continues to trade above its bullish support line. This break starts a shakeout formation and can initiate positions on the first three box reversal to the upside, which from here would be 94. Use the double bottom as your stop/hedge point. Relative strength remains positive. -------------------------------------------------------------------------------- 06/23/98 [DELL] Dell Computer Corporation ($87.875) broke a double top at $88.00. This is the second consecutive buy signal and it follows a higher bottom. It also completes a bullish catapult formation. Relative strength remains positive. Can buy here and use a stop loss of 77, a spread double bottom break. -------------------------------------------------------------------------------- 06/18/98 [DELL] Dell Computer Corporation ($85.688) broke a spread triple top at $87.00. Stock continues to be a wild one. Still above its uptrend line with positive relative strength. Buyers here use 77 as the stop which would violate the June lows. -------------------------------------------------------------------------------- 06/15/98 [DELL] Dell Computer Corporation ($82.875) broke a double bottom at $81.00. The stock moved right back to a sell signal. If long continue to use 77 as a stop loss point. No new positions here. -------------------------------------------------------------------------------- 06/11/98 [DELL] Dell Computer Corporation ($83.688) broke a double top at $86.00. This is the first buy signal after a series of lower tops and follows a higher bottom. Stock continues to trade above its bullish support line with positive relative strength. Okay to buy here with a stop loss of 77, a spread double bottom break. -------------------------------------------------------------------------------- 06/02/98 [DELL] Dell Computer Corporation ($78.313) broke a double bottom at $81.00. This is the fourth consecutive sell signal and follows lower tops. Weekly momentum has just flipped back to negative. Next support is not until 73 with the bullish support well below current levels. No new positions here and would hedge existing positions. -------------------------------------------------------------------------------- 05/22/98 [DELL] Dell Computer Corporation ($87.063) broke a double bottom at $89.00. Second cosecutive sell signal. Relative strength and overall trend remain positive. Next support is 79 with the bullish support line lying well below. Those long should consider taking profits here or hedging. -------------------------------------------------------------------------------- 05/18/98 [DELL] Dell Computer Corporation ($90.000) broke a double bottom at $90.00. This is the first sell signal in a strong uptrend. Relative strength and overall trend remain positive. The next support is 79. Those long should consider taken profits here or hedging. -------------------------------------------------------------------------------- 05/15/98 [DELL] Dell Computer: In March DELL was consolidating in the lower 60'S. The first buy signal off that consolidation occurred at 66, a triple top. This was followed by a spread quadruple top at 70. DELL then made a higher bottom and broke a double top at 71 to complete a bullish catapult formation. After that breakout it was off to the races for DELL. The stock hit a high of 98 on the chart just the other day and pulled back three boxes yesterday. The relative strength chart remains strong here and positions can be taken in DELL. The first sell signal would happen at 90, a double bottom. A horizontal price objective on DELL would yield about 106. -------------------------------------------------------------------------------- 05/14/98 [DELL] Dell Computer Corporation ($98.250) broke a double top at $95.00. This is the 5TH successive upside break and a new high as well. Stock remains well above its uptrend line with positive relative strength. A move to 90 would break a double bottom and would look to hedge positions there. DELL would have to fall to 72 to break a second bottom. -------------------------------------------------------------------------------- 04/24/98 [DELL] Dell Computer Corporation ($74.375) - Stock has broken three consecutive tops, the latest of these coming at 71. The stock has since rallied to 78 and new highs. This is a volatile stock so be prepared for some movement. Would look for pullbacks to the lower 70's to upper 60's to initiate long positions. 60 would violate the March lows and would use that as the initial stop loss. -------------------------------------------------------------------------------- 04/16/98 [DELL] Dell Computer Corporation ($67.875) broke a double top at $70.00. This breakout completes a bullish catapult at takes the stock through an area of resistance. Okay to trade on a pullback to 66 with a stop loss of 60, a violation of all near term support. -------------------------------------------------------------------------------- 03/26/98 [DELL] Dell Computer Corporation ($67.938) broke a triple top at $66.00. Stock rallied sharply on Wednesday and is now back near old highs. Stock has formed initial support i nt he 61 to 62 area. New positions should try and catch DELL on a pullback to the 66 area. Use a hedge point of 60, a spread double bottom. -------------------------------------------------------------------------------- 03/25/98 [DELL] Dell Computer Corporation ($65.750) will break a triple top at $66.00. RS is positive and in a column of X's. This will put the stock back on a buy signal with resistance up to old highs at 71 and support is at 61/62. Traders can take the signal with a stop loss of 60. -------------------------------------------------------------------------------- 03/13/98 [DELL] Dell Computer Corporation ($63.000) broke a double bottom at $62.00. This is the second consecutive sell siganl and it follows a lower top. If long consider hedging or moving to the sidelines. No new positions here. -------------------------------------------------------------------------------- 03/10/98 [DELL] Dell Computer Corporation ($63.125) broke a double bottom at $65.00. Stock just split. On Monday DELL hit 63 and that violated all near term support after not being able to better its old highs. With the next support levels so far below in the mid 40'S, would take some type of defensive action if long whether that be to take some profits off the table, buy protective puts, set a point at which you are not willing to risk anymore, or something else. -------------------------------------------------------------------------------- 03/06/98 [DELL] DELL COMPUTER: A move to 140 on the chart would now break a double top and complete a bullish triangle pattern. If the stock instead breaks a double bottom at 126 would consider locking in some profits by taking some off the table, substituting an in-the-money call as a stock substitute, or setting a percentage you are willing to risk, as next support is so far below in the 80's. -------------------------------------------------------------------------------- 02/05/98 [DELL] Dell Computer Corporation ($107.625) - Stock has rallied from 80 to 108 without a reversal, a gain of 24 straight boxes. We would not initiate new positions and would use a stop loss of the three box reversal. That three box reversal would come at 102 right now. -------------------------------------------------------------------------------- 01/14/98 [DELL] Dell Computer Corporation ($89.688) broke a double top at $89.00. The stock has rallied from 80 to 89 so DELL needs to pullback. Still the stock has not made a higher bottom and the pattern is not orderly. Let the chart develop further. -------------------------------------------------------------------------------- 01/12/98 [DELL] Dell Computer Corporation ($83.188) broke a double bottom at $83.00. Remains above its uptrend line and the sector just reversed up last week. Investors give DELL some room here but use a stop of 75 which violates the December bottom. -------------------------------------------------------------------------------- 01/06/98 [DELL] Dell Computer Corporation ($88.250) broke a double top at $88.00. Second straight buy signal since forming support at 76-77. Initial support has formed at 84. The longer term trend is up yet the RS chart is still in a column of O's. Ok to trade here with a stop of 83 for short term players and 75 for those longer term in nature. Still off highs of 102