Volume has increased slightly on this approach, suggesting that buyers are gaining confidence. However, if the stock fails to break above this level, it could face a pullback to test the support zone around $120.
Watch for a breakout above $135 with volume confirmation, as this could signal a continuation of the upward trend.
Nota
Challenging moments are ahead for NYSE:DELL . It recently broke out with strong volume past its first resistance level and attempted to close the gap from May but unfortunately fell short. The next trading session will be decisive. Currently, the setup resembles a break-and-retest. If this holds, we could see a breakout beyond 138, which would be a positive step toward closing the gap from May.However, if the scenario fails, the price may test its 21 EMA, leading to a potential -4.6% drop, or even reach its key support, risking a -10% drawdown.
Trade chiuso: stop raggiunto
David | SpotTheTrend
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===================
Analyze you trading performance with:
IBKR Trades Analyzer Beta
app.ibkr-analyzer.com/
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David | SpotTheTrend
===================
Analyze you trading performance with:
IBKR Trades Analyzer Beta
app.ibkr-analyzer.com/
===================
Analyze you trading performance with:
IBKR Trades Analyzer Beta
app.ibkr-analyzer.com/
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.