Dell Stock Flashing Buy Signal Amid Chip Selloff

Per Schaeffer's Senior Quantitative Analyst Rocky White, the security has come within striking distance of its 80-day trendline three times in the past three years, defined for this study as having traded north of it 80% of the time in the past two months, and in eight of the past 10 trading days. One month later, the stock was higher each time, averaging a 9.8% return. A similar move would push the stock near the $140 level. Dell Technologies Inc (NYSE:DELL) stock is 6.7% lower at $125.29 at last glance, s ...