140 below breakdown possible 21 ema rejection trendline below sustain possible expected level to test 139/137.50/135/131
Looking at the DELL Dell Technologies options chain, i would buy the $45 strike price Puts with 2022-9-16 expiration date for about $1.34 premium. Looking forward to read your opinion about it.
First 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...