"Sophisticated Traders Attention Please"
DELL in an interesting situation.
DELL has been the Victime of a Death cross
since August 2005
It Tested Support at 28,5 several times since then.
The situations between the lines :
1) Trying to Recover from a Death Cross Attempt nr 1
2) Failed its first recovery attempt and tested support again.
3) Trying to Recover from a Death Cross Attempt nr 2
4) Failed its Second Recovery attempt and tested Support again.
5) And Just Yesterday it started its Third attempt !
Will it Succeed this time ? High Probability in my humble opinion.
AND : DELL has a high safety margin because its Value is well above
its current Value
SO : this looks like being a Good Buy Both Technical as Fundamental!
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