Thread by @malteseinvest

Analysis: #NYSE $DELL

Case 349 #Dell_Technologies Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#DELL 1/4

Chart 1
Weekly Chart: A strong move off the all time low at 25.51 has seen price smash through July 2019 trendline #resistance and the 11 month #pivot resistance at 56.80 is within sight - a close above will .....

DELL 2/4

..... target the cluster base and Fib. 0.886 at 65.41 quickly. To the downside good #support begins at 46.55-45.81 (#trendline support and old range base) and below the #SMA 20 at 43.46.

DELL 3/4

Chart 2
Daily Chart: An unfilled gap exists at 51.71-49.52 which sits below the broken July 2019 trendline at 51.79 and this is concerning.

The #Strategy is printed on the image.

$DELL 4/4