LONG (BUY)
TP
Recommended Entry Range
โบ We saw a very impressive surge in DELL today. The stock was trading more than 10% higher at times after the company reported very strong earnings yesterday.
โบ DELL is currently still up around 4.5% and hovering around $444.00.
โบ DELLโs strong gains look significantly less extraordinary when taking into account the overall weak August performance and the losses immediately ahead of earnings. These came amid broad selling in AI infrastructure stocks and generally cautious sentiment toward AI-related stocks - even though there continue to be no signs of a slowdown in AI spending.
โบ DELL reported results well above expectations and showed particularly impressive profitability, which also resulted in a massive EPS beat ($7.04 adjusted vs. $4.92 expected).
โบ Despite DELL being up around 253% YTD, the stock is not excessively expensive. BofA, for example, raised its price target from $505 pre-earnings to $600 after the report. We are working with a wide TP
Dell Technologies (DELL): Multiply your โstandard (EUR/USD)โ position size by approximately 38โ42x (4,000%โ4,500%) โ 1/2 position size.
position code / 100% Transparency - 26090203A
โฑ๏ธ Signal / Update is DELAYED
โก๏ธ Get instant signals & updates in the VIP channel
โโโโโโโโโโโโโโ
Become a SmartTrader VIP
๐ป VT Markets (๐จ๐ฆ๐ฌ๐ง๐ณ๐ฟ๐ช๐บ๐)
๐ป TMGM (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ฅ PU Prime (๐จ๐ฆ๐ฆ๐บ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ฅ Startrader (๐จ๐ฆ๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)
๐ฅ Vantage (๐ณ๐ฟ๐ฌ๐ง๐ช๐บ๐)




