12/5/21 DELLDell Technologies Inc. ( NYSE:DELL )
Sector: Electronic Technology (Computer Processing Hardware)
Current Price: $58.48
Breakout price: $58.00 (hold above)
Buy Zone (Top/Bottom Range): $57.70-$55.90
Price Target: $64.20-$65.00
Estimated Duration to Target: 47-50d
Contract of Interest: $DELL 1/21/22 60c
Trade price as of publish date: $2.18/contract
Delllong
10/17/21 DELLDell Technologies Inc. ( NYSE:DELL )
Sector: Electronic Technology (Computer Processing Hardware)
Current Price: $107.71
Breakout price trigger: $107.71 (hold above)
Buy Zone (Top/Bottom Range): $105.40-$102.90
Price Target: $111.00-$112.00 (1st), $124.00-$125.40 (2nd)
Estimated Duration to Target: 27-30d (1st), 145-150d (2nd)
Contract of Interest: $DELL 11/19/21 110c, $DELL 4/14/22 115c
Trade price as of publish date: $2.17/cnt, $5.55/cnt
Dell: Next Retracement Wave: Take Profit at $48First off, please don't take anything I say seriously. As always, this is on opinion based basis. That being said, let me get into a few insights. I believe that Dell looks like it may be on a bullish or breakout period for a retracement wave from March's bearish "panic sell decline". This is a guess that I am taking given the Covid19 period and the patterns prior. I believe it is about to pass its $48 threshold and then continue to a similar pattern upwards towards is February price. Its looks like a climb may be happening.