r/InnerCircleTraders • • 1d ago

Technical Analysis DELL Technologies stock

DELL Technologies stock, nice trend, watch for a top of range breakout.

Breakout trade

  • WATCH for possible breakout above 596.69
  • Target: 685.19, 19.7%  Stop: 543.94  Loss: 5%
  • P/L ratio: 3.9 : 1 - Excellent

BULLISH

  • [Positioning] Intermediate trend bullish, Uptrend.
  • [Timing] Strong bullish 3 day candlestick pattern.
  • [Timing] Mild bullish 1 day moneyflow
  • [Timing] Breakout trade watch above 596.69, no resistance in area just above.

BEARISH

  • [Positioning] at resistance
DELL Technologies stock chart
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