Chart of Day: Keep this Tech Stock on Your Radar

You are receiving this email because you are subscribed to Daily Guru Trades. If you no longer wish to receive these emails, please unsubscribe here. On Saturday, August 17, we said, "Keep an eye on oversold shares of Dell (SYM: DELL). After plunging from about $150 to just under $90, the oversold tech stock is starting to pivot higher. It's also starting to pivot from over-extensions on RSI, MACD and Williams' %R. From its last traded price of $110.64, we'd like to see DELL initially refill its bearish gap at around $140." By Monday, August 19, Dell opened at $111. Today, the stock is up to $115.54 and could push even higher thanks to strong earnings and guidance. For fiscal year 2025, the company raised its EPS guidance to a new range of $7.55 to $8.05 from a prior range of $7.40 to $7.90.  Helping, analysts at Goldman Sachs said Dell's improving AI server margins "should support its valuation multiple and mid-term growth outlook, and we're encouraged by early signs of a growth inflection in traditional servers and storage," as reported by Investing.com. Did you miss yesterday's Chart of the Day? Click here to view it now. DC2 Publishing LLC 4260 NW 1st Avenue Suite # 55 Boca Raton, FL 33431 – 4264   Copyright © 2023 Daily Guru Trades, All rights reserved. You are receiving this email as part of your subscription to Daily Guru Trades. If you have any questions, please contact us at support@dailygurutrades.com. Daily Guru Trades is a newsletter offered to the public on a subscription basis. 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