Sunday, February 10, 2008

Dell Computer- Chart

Dell looks ugly here. If the market rallies it could get a bounce but the chart doesn't lie. On January 23rd it hit a low of $18.87 and tested that low again Thursday.The last real level of support was back on July 24,2006. I will get short on a break below $18.84
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2 comments:

  1. StewieFebruary 10, 2008 at 3:50 PM

    DELL has making lower lows yet the RSI and has not been confirming the move and has been diverging higher. DELL decline looks unsustainable, up from here!

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  2. AnonymousFebruary 10, 2008 at 4:12 PM

    you may be right buddy and i am anticipating strength next week,BUT in the event we play dead again-i think it rolls-if we go parabolic it's dart time again

    ReplyDelete

what are your thoughts?