TradingKey – As of today, June 15, Dell (DELL) is trading at $412.31, after bouncing off EMA50 ($392.05) on the 1H chart on green candles with volume on June 13 when the stock tested this level on June 13 at $398.94. RSI is up from neutral 54 to 57 as of June 13 to now 66.42, near overbought, within the 48-hour window of this setup. A higher level of support lies ahead in EMA200 at $378.58.

The first overhead resistance is found in the $407 to $430 zone, capping the immediate range within the blue descending channel from the $465 high. The fundamentals driving the bounce are unchanged, with Q1 FY2027 revenue of $43.8B at +88% YoY growth, $51.3B in record order backlog, guidance raised to FY2027 full-year of $165 to $169B and a fresh…