Could DELL Rally? |
By Andy Swan |
Published
11/27/2007
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Stocks
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Unrated
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Could DELL Rally?
Dell Inc (DELL) is set to report earnings on November, 29 2007 at 4:00 p.m. EST. Going into earnings DELL could be setting up to rally due to RSI, MACD and support levels. Both RSI and MACD are very low, which indicates DELL is oversold.
Coupled with the these indicators DELL has bounced off the 25.50 support level. If DELL reports better than expected earnings later this week, it could see a substantial rally.

Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.
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