DELL - 5/19/2020
DELL - Ichimoku daily chart finally shows a consistent and stable upside move that both lines are above the cloud. Tenkan sen has golden cross kijun sen. The next target is $50. This upside buying could be a flow coming from today's unusual option activities on HPQ, another PC manufacturer's 41K+ contracts on its 5/29 $18 calls. Dell is more enterprise oriented and owns 80% of VMW shares, a winner compared to HPQ maybe.
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