DELL COMPUTER CO
(DELL-Nasdaq):
Technical Viewpoint: From a low
of $40 1/2 on Dec 15, 1999 prices
rallied, reaching a
high of $53.97
on Nov 23, 1999. A
decline saw prices pull back, reaching a
low of
$35.00 on Feb 8, 2000.
Another rally saw prices penetrate
resistance, closing 3/2/00
at $44.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 1, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $40.00. Resistance: Is at $46 1/2.
Point & Figure: Reversed to the upside on Mar 2, 2000. A P&F upside
reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! DELL COMPUTER CO
(DELL-Nasdaq) @ $45 1/8 Stop: Use a protective stop of $42 3/8.
DELL COMPUTER CO is currently trading @ $44.94 plus $1.91 on Mar 2, 2000. Price Objective:
$54.00. Risk/Reward: $2 3/4 VS. $8 7/8. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$54.00
Risk/Reward:
$2 3/4 VS. $8 7/8
Risk/Reward Ratio:
3:1
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