$DELL
Added 2024-06-07 18:50:31 +0000 UTC$DELL continues to show a lot of weakness since missing on its earnings and today has lost its 50 Day MA, confirming further the downward trend.
I have added in the ABC correction here, with Wave A looking to complete on the 0.5 Fib but also the 200 Day MA just slightly below is also an option, then we can expect a bounce for Wave B next, with Wave C next to follow.
$DELL for me is not a buy right now but when it completes Wave C, it may be attractive, it appears to be correlated well with $NVDA
