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Posted by KC on :
 
I'm new to the board and have been doing some research on Dell. I have a friend that has been in a short position for about 6 months and waiting to buy out.....I've told him I would do the technicals on it and tell him what I think even though it is no guarantee.
As of now I told him to wait maybe 1-2 more months because everything I see tells me it is in decline with solid resistance at the 32. mark. If it breaks 32., maybe 28. in the next 2 months. Any comments? If anyone else can chart it I would greatly appreciate a second opinion. Thanx, KC
 


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