DELL COMPUTER CO
(DELL-Nasdaq):
Technical Viewpoint: From a low
of $31 3/8 on Jun 2, 1999 prices
rallied, reaching a
high of $44 4/8
on Jul 16, 1999. A
decline saw prices pull back, reaching a
low of
$37.56 on Aug 5, 1999.
Another rally saw prices penetrate
resistance, closing 8/23/99
at $45 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 7, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $41.00. Resistance: Is at $48.00.
Point & Figure: Reversed to the upside on Aug 9, 1999. A P&F upside
reversal takes place at $43.00. Summary: Technical indicators have turned bullish. BUY! DELL COMPUTER CO
(DELL-Nasdaq) @ $46 1/8 Stop: Use a protective stop of $43 5/8.
DELL COMPUTER CO is currently trading @ $45 3/4 plus $2 1/2 on Aug 23, 1999. Price Objective:
$68.00. Risk/Reward: $2 1/2 VS. $21 7/8. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$68.00
Risk/Reward:
$2 1/2 VS. $21 7/8
Risk/Reward Ratio:
9:1
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