Dell Looks Like a Short

$DELL

DELL 0.00%↑ closed out the day with a breach to the downside of its 200 day moving average. There’s a partially filled gap down to $94 (and an unfilled gap from $64-$56). With a chunk of overhead supply above as well, I’m taking this one for a quick trade ahead of the 2 big news events on the horizon - 1. AMD 0.00%↑ earnings occurring now 2. Powell speech tomorrow.