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


To: kemble s. matter who wrote (129924)5/30/1999 5:59:00 PM
From: freeus  Read Replies (5) | Respond to of 176387
 
Just so you all know:
From Dorsey Wright last week (May26)
Dell Computer Corporation ($34.563): DELL has moved through all near term support when it broke a spread triple bottom at 35. This has taken the stock through all previously good support that had existed in the high 30'S. The longer term trend is still positive for DELL but the bullish support line is well below at 21. There is consider resistance that has formed in the mid to high 0's. In addition, the RS is negative. We would avoid making new commitments here and those long should consider hedging or lightening up current positions.

Dell Computer Corporation (DELL)

55 ---------------+-------X -------------------------------------------
54 | X O
53 | X O
52 | X O X
51 | 2 O X O X
50 ---------------+-------X O X O X O ---------------------------------
49 | X O O X O
48 | X O X O X
47 | X O O X O
46 | X O X O
45 ---------------+-------X --------O ----X ------X O X --X --X -------
44 | X X O X X O X X O X O X O X O
43 | X O X O X O X O X O 4 O X O X O X O
42 | X O X O X O 3 O X O X O X O X O X O Med
41 X X O O X O X O O X O X O X O O
40 ---------------X O X ------------O X O X ----O X O X 5 X ----O -----
39 X O X O O O X O X O O
38 1 O O X O X O
37 X O X O X O
36 X X O O O
35 -----------X O X --------------------------------------------O -----
34 X B O X
33 X O X O C
32 X O X O X
31 O X A X O X
30 -O X --X O X O | ---------------------------------------------------
29 O X O X O X |
28 O X O X O X | Bot
27 O X O O X |
26 O X O X |
25 -O X ----O X --+----------------------------------------------------
24 9 O X |
23 O X |
22 |
9 | 9
8 | 9

A not very happy
Freeus