Week 19 of management: buyers regain the upper hand
Dell surges 10.3% this week as buyers retake control of volume
Week 19 of management: buyers regain the upper hand
Our view last week
Week 18 for Dell Technologies, and the trade has already hit all 3 model targets: coverage is closed, the gain stands at 166% since entry, and the stop now trails the Inversion Point. Recent weeks on the technical side, though, show some signs of slowdown worth watching.
This week's summary
This week Dell accelerates with a 10.3% surge and buyers are back in charge: 62% of volume on the buy side, against just 26-37% over the previous 3 weeks, when sellers were in command. The weekly RSI still sits at 81, in extreme-strength territory, and the price action flags an exhaustion picture. In its 19th week of management, the trade is running more than 190% in profit, with price boxed between the 440 area and the 416 area.
IQS Phase
60
ordinary
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#23 / 129
US stocks in progress
Trade P&L %
+193.74%
from signal to today
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