Range is difficult to break. So we continue to churn. Below the surface lot of tech stocks had drops. But it is still a range at play. We need big buying to get moving out of range. Absent that we may continue to be range bound.
Hi, I'm currently closely monitoring Dell. Nice fundamentals and recently made 52w high. I'm looking for a pull back around area 16-16,50 to go long. Have you this stock into your radar? thanks
Thank you for your answer. Actually you're right because it's not a fast stock. With my method I had a buy when it broke 16.5 at the end of June, unfortunately in that moment I was pessimistic about the general market situation and I didn't catch it.
I'll continue reading your blog, it's very very interesting. Congratulations. Looking forward for further posts (and I'll make further comments :) ) bye
3 comments:
Hi, I'm currently closely monitoring Dell. Nice fundamentals and recently made 52w high. I'm looking for a pull back around area 16-16,50 to go long.
Have you this stock into your radar? thanks
I do not focus on stocks with such huge float like DELL. They do not move very fast. Dell was a buy by my method around 16. Around 15 to 16 days ago.
Thank you for your answer. Actually you're right because it's not a fast stock.
With my method I had a buy when it broke 16.5 at the end of June, unfortunately in that moment I was pessimistic about the general market situation and I didn't catch it.
I'll continue reading your blog, it's very very interesting. Congratulations.
Looking forward for further posts (and I'll make further comments :) )
bye
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