Traders are watching this Bearish Flag on DELL. Inspect the chart now.
Bearish continuation if preceding move was down.
Traders are watching Dell Technologies (DELL) as price action tightens. The stock is trading at $116.91, up 3.63% on the day. Price action has carved out a classic **Bearish Flag**. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at **$111.2**, targeting **$79.7** with support near **$128.06** (R:R 1.87).
What is your outlook on DELL?