DELL Watch

Computer maker Dell Inc. (DELL) rose 6.5% intra-day on a 50%+ volume spike and a collection of bull-phase signals.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
DELL $14.04

The move put DELL slightly above very-near-term resistance and breaks above the 20-day simple moving average.

The parabolic sar and Person's Proprietary Signal both moved into bull phase today after a week in bear phase. It's the third phase switch this month, which is a extreme level of whippiness for DELL.

The volume spike and break above resistance suggests to me that the rise has credibility.

Reversal Levels

• $15.45, +10.0%
• $14.04 <== You are here.
• $12.78, -9.0%

DELL's most recent swing high was $17.52 in April, part of a retracement move in a decline that has been in progress since 2005.

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Disclaimer

Tim Bovee, Private Trader tracks the trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment. No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

Abbreviations:

• psar - Parabolic Stop and Reverse
• adx - Average Directional Index
• pps - Person's Proprietary Signal
• ma20 - 20-day moving average
• macd - Moving Average Convergence-Divergence
• sto - Fast Stochastic

About the glance: The colors indicate the state of each signal.

• trend: Determined by the 5-day moving average, green for up, red for down, yellow for sideways
• adx: orange for above 30-up, blue for 20-down, purple for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.