{"id":12677,"date":"2022-10-21T07:04:17","date_gmt":"2022-10-21T07:04:17","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12677"},"modified":"2023-05-16T07:07:54","modified_gmt":"2023-05-16T07:07:54","slug":"dell-excellent-buy-opportunity-on-the-break-out","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/10\/21\/dell-excellent-buy-opportunity-on-the-break-out\/","title":{"rendered":"DELL Excellent buy opportunity on the break-out"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Dell Technologies (DELL) is testing the top (Lower Highs trend-line) of the short-term Channel Down that started after the September 12 High. The 1D MA50 (blue trend-line) is right above it, all within the wider pattern of the long-term Channel Down since the March 29 rejection on the 1D MA50.<\/p>\n<p>However, while the price was on the Channel Down&#8217;s Lower Lows, the 1D RSI has been on Higher Lows since September 27, waving a Bullish Divergence. As we just bounced near the bottom (Lower Lows trend-line) of the long-term Channel Down, it is highly likely that we will extend the rebound and hit at least the All Time High Lower Highs trend-line (dashed). A good time to take profit and re-evaluate would also be when the RSI hits its 4 month Resistance Zone.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/DELL\/hpzvFTI8-DELL-Excellent-buy-opportunity-on-the-break-out\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/DELL\/hpzvFTI8-DELL-Excellent-buy-opportunity-on-the-break-out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Dell Technologies (DELL) is testing the top (Lower Highs trend-line) of the short-term Channel Down that started after the September 12 High. The 1D MA50 (blue trend-line) is right above it, all within the wider pattern of the long-term Channel Down since the March 29 rejection on the 1D MA50. However, while the price<\/p>\n","protected":false},"author":611,"featured_media":12678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1640],"tags":[],"class_list":["post-12677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12677"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12677\/revisions"}],"predecessor-version":[{"id":12680,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12677\/revisions\/12680"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12678"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}