The Dellian Gap

Image Source: Unsplash

Over a span of just over two months, Dell (ticker symbol – – I’ll give you a moment – – yep, it’s DELL) lost nearly 50% (!!!!) of its value. Over the past few trading days, it has staged a mighty rally.

I would suggest this bounce is similar to the last time, both tinted in yellow and will meet the same fate. What’s key is the price gaps, which I’ve emphasized with red arrows.

(Click on image to enlarge)

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