DELL has been doing well recently.
Global PC sales are expected to be going up after years of decline. Next Gen PCs will be different to the ones we currently own as they would have AI incorporated in them.
This would be good tailwind for Dell PC business.
The area where DELL is putting most of their attention is in Data Servers. They have partnership with Nvidia and reported going numbers in orders for AI optimised servers.
At this moment, it seems like DELL is starting to eat SMCI lunch, at least in terms of relative outperformance.
We are starting to break out of this 2 month base.
Stops around 129 and I started an initial position yesterday on support of 10 EMA. Will be looking for areas to add today, would be good to come down and retest the previous high at 136.
Global PC sales are expected to be going up after years of decline. Next Gen PCs will be different to the ones we currently own as they would have AI incorporated in them.
This would be good tailwind for Dell PC business.
The area where DELL is putting most of their attention is in Data Servers. They have partnership with Nvidia and reported going numbers in orders for AI optimised servers.
At this moment, it seems like DELL is starting to eat SMCI lunch, at least in terms of relative outperformance.
We are starting to break out of this 2 month base.
Stops around 129 and I started an initial position yesterday on support of 10 EMA. Will be looking for areas to add today, would be good to come down and retest the previous high at 136.
Comment:
I will be looking to add more once this settles more.