7-Sep

DELL RST Revisited by Grant C

Awhile back, I mentioned that DELL had formed an RST on the daily chart. At the same time, it has formed an RST on the weekly chart, which is extremely rare. DELL has now reversed its trend, and we should be looking to go long on pullbacks on the daily chart. Look to buy around the rising 20 EMA; note the up crossing 8 EMA and the indications of a squeeze.

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