Impressive bounce on its 0.618 Fib, a common sight right now for those stocks that have pulled back a lot stronger compared to the market.
Big test coming up for $DELL shortly
Price is up in the PM now and just testing its 200 Day MA at $105, which is also the 0.5 Fib too
I expect there will be some resistance here, so I have added in the Green Fib levels to show where a pull back can move to
I have a position in $DELL, I added above the 0.5 Fib at $108, happy to see that my first Buy has performed well over the last week but I will need to see the 200 Day MA recaptured again to add or I will be looking for a higher low if we get a pull back shortly, then I will add again.