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Benzinga
173 days

Dell Stock Chart Looks Bullish, But Can Q4 Earnings Power It Past Resistance?

1. Dell will report Q4 earnings with $2.53 EPS expectations. 2. Stock is up 26.31% year-over-year, down 0.76% YTD. 3. Strong bullish trend indicated by moving averages and MACD. 4. Mixed signals show short-term resistance at $116.52 SMA. 5. Analysts project a 24% upside with a target of $134.05.

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FAQ

Why Bullish?

Dell's strong historical performance and analyst expectations suggest potential price increases. In the past, positive earnings reports have triggered upward momentum.

How important is it?

The context of upcoming earnings and analyst predictions heightens relevance to DELL's market performance.

Why Short Term?

Upcoming earnings report is a catalyst affecting Dell's price. Historically, earnings announcements lead to immediate price movement, indicating short-term impact.

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