I've been actively trading DELL with my private community members and I believe the company is gearing up for another positive run. Despite the news about Michael Dell selling more shares, which may have trapped some short-sellers, DELL is making strategic moves such as reducing costs, rejoining the S&P500, and aiming to capture market share from SMCI.
With this in mind, I see two potential entry points:
a. Enter the trade above $121.50, aiming for $127.
b. Enter the trade once it breaks $127, targeting $138.
Personally, I prefer the second option. DM me with any questions!