December 1, 2011
- Dell is near the resistance line of the triangle pattern.
- A bigger up move will happen if price is able to breakout of the triangle pattern.
- Price is staying above its 50 and 200 Day Simple Moving Average. For this up move to extend price has to breakout above the resistance line.
- Getting resisted at the resistance line or the upper bollinger band will result in a correction towards the base of the triangle pattern.
- ES RESISTANCE LINES