Cup and Handle Takes Shape in DELL
DELL is even for the year. Put another way, it's holding up pretty well.
DELL formed a wide base of support earlier in the year at $19. The stock has since rallied from support and consolidated around $22 to $24. The pattern over the last seven months is a cup and handle.
DELL could easily breakout and trend higher if the broader market stabilizes. A close above $25 would signal a breakout from the cup and handle.







