Sunday, November 15, 2009

DELL


DELL
: Earnings on Thu (Nov 19th) AH. Looks like a bull flag to me-

Chart from theEquilibrium http://chart.ly/gscppf

The flagpole (14 to 17) had good volume and now the rectangular flag is on decreasing volume.

Target upon a breakout of 15.5 would be 18.5 [ Add the height of the flag pole (17-14=3) to the breakout point].

Will DELL go to the 200 SMA on the weekly at 20? DELL has a gap at 16.69

3 comments:

  1. Hey Pra, I just had to say hello....I think Dell should have a decent earning report, so if you come up with any VS, let me/us know.

    Since the stock is cheep, I may just play the equity?

    Best,

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  2. Hi Pramod, great site! I went ahead and added myself as a follower and will be adding your link to my site! Thanks!

    ReplyDelete
  3. Hi Binve,

    Thanks for visiting :-)

    ReplyDelete