Dell - Starting the potential -50% correction!

💻Dell (DELL) did not shift bearish yet:

While Dell was retesting some major resistance before earnings, it still just created another major move higher. Therefore Dell also never created bearish confirmation and instead created new highs. The resistance is still valid but Dell might break it soon though.

$500

💻Dell (DELL) could still respect the resistance:

During the month of September, Dell already tried to break above the resistance trendline. So far however, Dell created neither a bullish breakout nor any bearish confirmation at resistance. The monthly candle of September will therefore be very decisive for Dell.

$500