Traders are watching this Bullish Flag on DELL. Inspect the chart now.
Bullish continuation if preceding move was up.
Reversal pattern. Price likely to break downwards.
Technical analysis of Dell Technologies (DELL) reveals a significant setup. The stock is trading at $409.5, down 2.34% on the day. Algorithmically, a Bullish Flag structure has completed. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $469.47, targeting $784.05 with support near $366.96 (R:R 3.07).
What is your outlook on DELL?