Traders are watching this Ascending Triangle on DELL. Inspect the chart now.
Bullish continuation pattern.
Market participants tracking Dell Technologies should note the latest formation. Currently at $250.46, the asset is showing upward momentum (3.1%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 32.1/100, suggesting moderate momentum. A potential breakout level is identified at $263.99, targeting $351.53 with support near $227.27 (R:R 2.38).
What is your outlook on DELL?