$DELL - WATCHLIST -
Added 2024-07-18 12:46:54 +0000 UTCThis chart has been playing out brilliant for us
Calling the top at the 3 Fib at $178 and it has been on a strong descent since.
Losing the 50 Day MA and testing the 0.38 Fib yesterday at $123.
A lower low has been made here so technically the pull back can complete here and we can see 3 waves.
The FWD PE is at 13 now
RSI is at 34
and no analyst has $DELL down at these levels now.
Let's watch for a hold of support now, if $123 can not hold, the 200 Day MA meeting the $106 level would be incredibly attractive.
Watch this closely as an AI play.
Comments
Didn’t realize an entire abc corrective wave could happen above the 0.38. That 200DMA on the 0.5 looks so nice.
SierraHotel
2024-07-18 13:17:13 +0000 UTCSo if it holds the $123 level it could mean wave 3 is complete?
AL
2024-07-18 13:01:49 +0000 UTCMichael Dell has hinted at adding BTC to balance sheet as well …
Joey Celona
2024-07-18 12:58:03 +0000 UTC
