DELL Elliott Wave Analysis Trading Lounge Daily Chart,Dell Technologies Inc., (DELL) Daily ChartDELL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute {iii}.DIRECTION: Upside into wave {iii} of 1.DETAILS: Looking for a bottom in place in wave (4), which as of right now needs additional confirmation, which could be provided by a classic Trading Levels pattern across MG1 of 100$. DELL Elliott Wave Analysis Trading Lounge 1H Chart,Dell Technologies Inc.,(DELL) 1H ChartDELL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave (i) of {iii}.DIRECTION: Completion of wave (i).DETAILS: Looking for one more leg up towards what appears to be wave v of (i), as we seem to be moving sideways within a triangle. In this Elliott Wave analysis for Dell Technologies Inc. (DELL), we explore both the daily and 1-hour charts to assess the stock’s current price action and structure. This provides insight into potential opportunities for traders based on wave positioning and upcoming market moves.* DELL Elliott Wave Technical Analysis – Daily Chart*On the.daily chart, Dell Technologies is in an impulsive within Minute Wave {iii} of 1. The stock is searching for confirmation of a bottom in Wave (4). A key area to watch is MG1 (Minor Group 1) at $100, which could serve as support or a pivot level. A classic Trading Levels pattern around this level would offer additional confirmation that Wave (4)?has ended and Wave {iii}?is underway.The upcoming price action is expected to be bullish As wave {iii}?unfolds, with an initial target likely pushing past the $100 mark.* DELL Elliott Wave Technical Analysis – 1H Chart*In the 1-hour chart, Dell is in Wave (i) of {iii}, and we are approaching the final leg up within Wave v of (i). The stock appears to be moving sideways, forming a triangle pattern, which often occurs before the last thrust in a wave sequence.Once Wave (i)?is complete, there may be a minor correction before further upside within Wave {iii}?resumes. Traders should monitor the breakout from the triangle, as it will likely lead to the completion of this initial wave.More By This Author:EURUSD Forex Elliott Wave Technical Analysis – Wednesday, September 25
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