Sep. 1 at 7:02 AM
$DELL $DELL — Earnings Setup 👀
I expect a strong earnings report today. If earnings and guidance remain strong, the bullish momentum could continue.
🎯 Key Decision Zone:
$530–
$560
Looking at the long-term chart,
$DELL is approaching the upper boundary of a rising channel that has been in place since 2017. This makes the
$530–
$560 area a key decision zone for me.
📈 Bullish Scenario
If
$DELL breaks above
$530–
$560 with strong volume and delivers 2 daily closes above
$560, I would view that as confirmation that the long-term uptrend could continue.
📉 Bearish Scenario
If the price reaches the
$530–
$560 zone but fails to hold and gets rejected, I’ll start looking for a potential short setup and a larger correction.
🎯 First downside target: ~
$425
The reaction at
$530–
$560 will be key.
Not financial advice.
