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Dell - 52 Week High

Published on Friday, 10 February 2012 11:34 Written by TradersHuddle Wire

dell New York, February 10th (TradersHuddle.com) - Shares of Dell, Inc. (NASDAQ:DELL) booked a new 52 week high today by trading above $18.12, traders are definitely monitoring Dell's price action to see if this move attracts further buying into the stock.

Dell Inc. (NASDAQ:DELL) designs, develops, manufactures and sells computer systems worldwide. The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services. Dell mainly direct markets its products to corporations and consumers, and use distributors and retailers in a limited way.

Dell is currently trading 0.06% versus its previous trading session close, and it has calculated support and resistance at $14.59 and $17.88 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading lower by -0.77% from its previous trading close, which means that Dell stock is outperforming the overall market.

Note - Automated Content Created By TradersHuddle's Technical Scanner

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