Get started
DELL a chart earnings **Technical Analysis of Dell Technologies Inc. (DELL) - Daily Chart** **Overview:** The daily chart of Dell Technologies Inc. (DELL) reveals several key technical insights that can guide potential trading strategies. **Trend Analysis:** 1. **Uptrend:** The stock has been following a well-defined uptrend since early 2023, marked by higher highs and higher lows. This trend is represented by a series of ascending trend lines. 2. **Trendline Break:** Recently, the stock has broken above another trendline, indicating a potential acceleration in the uptrend. This breakout suggests strong bullish momentum. **Support and Resistance Levels:** 1. **Support Levels:** - **$138.35:** This level has acted as a support zone where the stock has previously found a base before moving higher. - **$63.34:** Another significant support level, which was tested and held in mid-2024. - **$26.55:** A longer-term support level from a previous consolidation phase. 2. **Resistance Levels:** - **$193.37:** This is the current resistance level where the stock has faced selling pressure. - **$169.31:** An intermediate resistance level that the stock may test before a potential breakout. **Volume Analysis:** - **Volume Spike:** There was a noticeable increase in volume during the recent price movements, particularly around the breakout levels. This volume surge confirms the strength of the current trend. **Technical Indicators:** 1. **RSI (Relative Strength Index):** The RSI is currently near the top of its range, indicating that the stock might be overbought in the short term. This could suggest a potential pullback or consolidation before further upward movement. 2. **ECE Pattern:** The chart shows a series of ECE (Earnings Call Effect) labels, which might indicate that the stock experiences volatility around earnings announcements. Traders should be aware of these events for potential trading opportunities or risks. **Key Observations:** - The stock has shown resilience by holding above key support levels and breaking through resistance levels, indicating strong buying interest. - The breakout above the trendline and resistance levels, coupled with increased volume, suggests a continuation of the uptrend. **Trading Strategy:** - **Long Position:** Consider entering a long position if the stock successfully breaks above $193.37 with strong volume. Set a stop loss below the recent support level at $169.31 to manage risk. - **Short Position:** If the stock shows signs of overbought conditions (RSI nearing or above 70) and fails to break $193.37, a short position could be considered with a stop loss above this level. **Conclusion:** Dell Technologies Inc. (DELL) is currently in a strong uptrend with recent breakouts confirming bullish momentum. However, traders should monitor the RSI for potential overbought conditions and watch for volume patterns around key support and resistance levels. Always consider broader market conditions and news events that might impact stock performance.
NYSE:DELL
by nicktussing77
MRSN - 5 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
NASDAQ:MRSNLong
by TheArtOfCharting
6366 - 5 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
TSE:6366Long
by TheArtOfCharting
Hitting 200 weeks average and bounce. Reversal?CDW has been punished for slow growth expectations and the price is hitting 200 week average. Given the new administration increases the spending (hoping some comes to educations and government upgrade), the price may be attractive to hold for long and long term, which buys the American corporation. Given that I do not know how erratic next 4 years would be. And, would personal computing (local - edge) be the thing of the past soon in AI era (data center driven)? I am not a professional. I shared the thoughts, if anybody can add.
NASDAQ:CDW
by NoriBiscuits
Our opinion on the current state of M&R-HLD(MUR)Murray and Roberts (MUR) has had a challenging decade, with its share price declining sharply from its highs due to the sub-prime crisis, reduced construction spending post-2010, and more recently, a weakened South African construction sector. In response, the company has strategically refocused as a multinational engineering and construction group targeting the natural resources sector, with core operations in underground mining, oil & gas, and power & water. The company has been actively working to streamline its operations and reduce debt. For example, in March 2023, it sold 65% of its Australian subsidiary Insig Technologies for A$1, thereby shedding A$7 million in liabilities. By December 2023, Murray and Roberts further reduced its debt from R2 billion to R350 million, assisted by a CAD 40 million payment facilitated through Cementation Canada Inc. In its financial results for the year ending June 30, 2024, the company reported revenue growth to R13.5 billion from R12.5 billion the prior year, although it posted an attributable loss of R138 million. This led to a reduction in net asset value (NAV) from 407c per share to 350c per share. Additionally, net cash increased to R0.4 billion from R0.3 billion in net debt, showing some improvement in its balance sheet. However, a trading statement for the six months to December 31, 2024, projected a further decline in headline earnings per share (HEPS) by at least 20%, indicating continued financial pressures. Despite these risks, Murray and Roberts recently secured a $200 million contract in Latin America, which could contribute positively in the coming years. Currently, MUR remains a risky, low-priced stock with high volatility, but it may appeal to investors looking for exposure to natural resource-related construction and infrastructure projects. The company's debt reduction efforts and recent contract wins provide some optimism, though financial challenges persist.
JSE:MUR
by PDSnetSA
Our opinion on the current state of SIBANYE-S(SSW)Sibanye (SSW) has established itself as a prominent mining house through an aggressive acquisition strategy, expanding its portfolio to include platinum and gold assets in both South Africa and the United States. Under the leadership of Neal Froneman, who is well-regarded in the industry, the company has broadened its scope to include “green” metals and base minerals critical for electric vehicle batteries, such as vanadium, copper, nickel, and lithium. Froneman has expressed his ambition to double the size of Sibanye before his expected retirement around 2024-2025. The company also launched a share buy-back program in June 2021, aiming to repurchase up to 5% of its issued shares. However, despite its growth and diversification, Sibanye has faced challenges, including retrenching 11,000 workers over an 18-month period. In its financial results for the six months ending June 30, 2024, Sibanye reported a significant decline in headline earnings to R137 million, down from R5,891 million in the previous period, largely due to lower commodity prices. This drop led to a 9% decrease in revenue. Nevertheless, Sibanye maintained a solid financial standing with a leverage ratio of 1.43x net debt to adjusted EBITDA, comfortably below its covenant levels. In a quarterly update for the period ending September 30, 2024, the company reported a 9% increase in EBITDA, with South African gold operations performing particularly well, showing a 292% increase in EBITDA. The favorable 24% increase in the rand gold price supported these gains. Technically, the share had been in a downward trend since March 2022 due to declining commodity prices. However, on September 23, 2024, it broke through this downward trendline at a price of 1842c, indicating a potential shift in momentum. The share has since risen to 2236c, reflecting renewed investor interest and optimism.
JSE:SSW
by PDSnetSA
Our opinion on the current state of PEPKORH(PPH)Pepkor Holdings (PPH), previously known simply as Pep, is a South African retail group predominantly owned by Steinhoff International, which holds 71.01% of its shares. Following the collapse of Steinhoff due to accounting irregularities, Pepkor rebranded to distance itself from the negative publicity associated with its parent company. Pepkor operates several well-known retail brands, including Ackermans, PEP Stores, Bradlows, and HiFi Corporation. The share price experienced significant volatility, dropping as low as R10 in May 2020 during the height of the COVID-19 pandemic. However, it subsequently staged a remarkable recovery, more than doubling in value. The company capitalized on this recovery by raising R1.9 billion through an accelerated book-build, which was used primarily to reduce debt as a precautionary measure. In February 2022, Pepkor announced its acquisition of 87% of Brazilian clothing retailer Avenida, aiming to expand its footprint in the South American market. However, in April 2022, the company faced challenges when its Isipingo distribution center sustained significant damage from flooding in the Natal area, although it reported adequate insurance coverage for the losses incurred. For the six months ending March 31, 2024, Pepkor reported a 9.5% increase in revenue, while headline earnings per share (HEPS) declined by 3.8%. The company attributed the revenue growth to market share expansion and recovery in retail gross profit margins, particularly with its Avenida operations. Looking ahead, in a trading statement for the year ending September 30, 2024, Pepkor estimated HEPS would fall between a loss of 132.5c and 146.5c, compared to a loss of 140.8c in the previous year. The group recognized a significant R2.7 billion impairment of goodwill and intangible assets during this period. Technically, the share has been trading sideways and downward since November 2021, indicating potential vulnerability to economic conditions, particularly lower levels of consumer spending. However, the company was recently added to the JSE Top 40 index, replacing Amplats, which is expected to enhance its visibility and attract increased institutional interest. Despite the challenges, Pepkor is viewed as a good quality investment with opportunities for growth, especially as it continues to expand its retail offerings.
JSE:PPH
by PDSnetSA
MOSCHIP:BSE Bullish FLAG & POLE BO WTF POSITIONALMOSCHIP:BSE Stock Analysis Trade Plan: Entry: 50% of the total quantity 254 DTF Close, with an additional 50% added at 279 DTF Close Price. Stop Loss: 215 Target 1: 451 Target 2: 519 Hold for a period of 6 months to One year or until the target 2 is reached. Chart Pattern: The stock experienced a 3-month streak to touch an all-time high (ATH) of 326 Subsequently, it retraced in 5M time to a 50% Fibonacci retracement level, forming a bullish flag pattern. Technical Indicators: The stock’s daily timeframe (DTF) shows that the price is currently trading above the 50-day exponential moving average (EMA) and the 20-day EMA below the 50D EMA. This indicates a transitional phase of alignment in the stock’s EMA indicators. A potential bullish trend in formation on the DTF/WTF timeframe. The Trend Based FIBO Extension shows a Bounce from the 50% Level, The Sock will shortly breakout of the Bullish Flag Pattern. Additionally, the current price is below the 38.2% Fibonacci retracement leve l. This level could serve as a potential entry point for investors, depending on their risk tolerance. More cautious investors might consider entering above the retracement level. Volume Analysis: There has been an Drying up of Volumes on the Sell side for a Quarter now. There is Buying in the past 4Weeks but below the 20VMA.. Wait for Breakout and Retest to take Entry Prioritize Watch List: Keep this stock in your watch list for further analysis and potential trading opportunities. Disclaimer: This information is solely for educational and reference purposes. Trading inherently carries risks, and it’s crucial to exercise caution and conduct comprehensive research before making any investment decisions. Make sure you have a well-defined risk appetite, proper position sizing, and a stop-loss order based on your risk tolerance. Exit positions when the price drops 7-8% below your entry point. Consider re-entering the market when the trend reverses.Before engaging in any trading activities, it is paramount to thoroughly comprehend these technical analysis concepts and conduct extensive research on the stocks you are interested in. Furthermore, consulting a certified financial advisor can offer valuable insights and guidance before making investment decisions. Technical Analysis Concepts: - Multiple Time Frame Analysis (MTFA): Daily Time Frame (DTF): Used for short-term analysis and identifying trends. Weekly Time Frame (WTF): Provides a broader perspective and helps in trend confirmation. Monthly Time Frame (MTF): Ideal for long-term analysis and trend analysis. - Chart Patterns: All-Time High (ATH): The highest price reached on a specific chart. Lifetime High (LTH): The highest price reached over the entire chart’s history. Rounding Bottom Cup/Handle (RBC&H): A pattern that signals a potential reversal from a downtrend. Breakout Close (BO): A price move above or below a resistance or support level. - Moving Averages: Exponential Moving Average (EMA): A popular moving average that places more weight on recent price data. - Fibonacci Retracement/Extension: Trend-based Fibonacci Retracement: Used to identify potential support and resistance levels during retracements. Trend-based Fibonacci Extension: Used to identify potential breakout levels during extensions. - Stop Loss (SL): A predetermined price level at which an investment is automatically exited to limit potential losses. Additional Concepts: - Volume-Weighted Moving Average (VWMA): A moving average that gives more weight to high-volume stocks. - Swing Trade: A trading strategy that involves holding positions for a significant period, typically several weeks to months. - Positional Trade: A trading strategy that aims to capitalize on long-term trends and position oneself accordingly.
BSE:MOSCHIPLong
by billpramod
Pulse of an Asset via Fibonacci: DAL Golden Genesis double top? This Concept is part of my study of Fibonacci Ratios applied to Assets. This Chart captures the life of Delta Airlines ruled by the Golden Ratio. This Post is to alert of possible double top and a reason for the last top. The growth of anything in nature is choreographed by the Golden Ratio. The growth of value or popularity of an asset is regulated by the same. Imagine: "Each person that bought this, told on average 1.618 others". The human collective as a whole must abide by the Golden Ratio. The previous top was the top only because of the Golden Multiple. The entire world is now very aware of this level, even the fib-blind. . Part of my Idea series collecting samples of my Methodology: (click links) Chapter 1: Introduction and numerous Examples Chapter 2: Detailed views and Wave Analysis Chapter 3: The Dreaded 9.618: Murderer of Moves Chapter 4: Impulse Redux: Return to Birth place Chapter 5: Golden Growth: Parabolic Expansions <= Current Example . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested. each line Poised to Reflect. every Asset Class behaves this way. every Time Frame displays its ripples. every Brain Chord rings these rhythms. He who Understands will be Humble. He who Grasps will observe the Order. He who Ignores will behold only Chaos. Ordered Chaos . . . want to Learn a little More? can you Spend a few Moments? click the Links under Related.
NYSE:DALEducation
by EuroMotif