DELL trade ideas
Dell easily surpasses analysts expectations . EARNINGS REPORT HIGHLIGHTS
Dell Technology Inc. DELL,shares jumped 7% in the extended session Thursday after the IT powerhouse reported second-quarter results that beat Wall Street estimates. The Round Rock, Texas-based company rang up adjusted earnings of $2.15 a share. Revenue inched up 1% year-over-year to $23.45 billion. Analysts surveyed by FactSet had expected earnings of $1.50 a share on revenue of $23.3 billion. Dell shares are down 4% this year. The S&P 500 index SPX, +1.27% has gained 17% this year. SOURCE marketwatch
Average Recommendation: OVERWEIGHT
Average Target Price: $67.53
Short Interest 5%
DELL, BULLISH WOLFE WAVE, BIG #RRR 1:15 (AUTOLINES TEST 8)HI BIG PLAYERS,
I've like to show you this nice bullish Wolfe Wave in the Dell Chart.
Tomorrow are the next earnings and the chart has a currently little rebounce exactly on a typical Wolfe Wave Point 5 Fibonacci line 1.382 - it's the beginning of a bullish trend.
This early publishing can be a big advantage for you. Look, for every invested 1 $ you can earn 15 $ ... without pyramiding. This is why, the risk-return-ratio are 1:15 - this are a huge potential.
If you like to know more about a pyramiding idea, then visit my post here:
ATTENTION: I WILL SOON PUBLISHING MY WOLFE WAVE AUTOLINE INDICATOR - DON'T MISS IT - FOLLOW ME .
King regards
NXT2017
DELL Trade Idea BUYING CALLSNYSE:DELL
Sharing my ideas for:
DELL
Currently trades at 50.77
$58 target
Aug 16 expiration!!
$DELL Short Strangle OpportunityImplied volatility is very high in $DELL, and earnings are not until after August expiration. Right now, the 45/60 strangle for August has attractive pricing, high profit probability, and relatively small margin requirement. $Dell would need to rise by 16.4% or fall by 13.7% from current levels to be ITM.
Options traders bet on a reversal for DellEverything was going so well for Dell until its earnings report sent the stock plummeting, now down almost 25% from its high. Despite this someone is making a bet on a reversal by placing heavy volume call option trades with a $57.50 strike. From a technical perspective the only sign of reversal on the chart is the Momentum indicator which is a leading indicator, while the RSI, MACD and Histogram are all bearish. It is advisable to wait for the rsi to change course and some consistent green candles.
AVERAGE ANALYSTS PRICE TARGET $73
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.
Dell $DELL beautiful trend and sizable bullish July Call OIDell $DELL beautiful trend and sizable bullish July Call OI
