Jul. 24 at 4:55 PM
$DELL is starting to act like a market leader for when the AI trade eventually regains momentum.
The price action is standing out.
This reminds me of
$MU around its early breakout phase.
While many AI infrastructure names are struggling:
Memory
Optics
Photonics
Data center plays
$DELL continues to show relative strength.
That’s usually what you want to see:
When a sector is under pressure, the strongest names often reveal where institutional money is positioning.
Of course, price action can change quickly.
But right now,
$DELL is sending a message:
Big money appears to be paying attention.
