Contemplating a Pivot on Dell. DELL

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Pivots, like fades are inherently more risky, but they must always be in the gameplay of any serious trader. They can be potentially very rewarding when they do eventuate and pose lost opportunity if ignored. We generally like at least five factors from five different perspectives to consider a position. Let's see how many this one has.

1. Momentum divergence (not the only one) on Jurik RSX
2. Volatility divergence on VZO plus offset
3. Cross of upper end of MIDAS envelope. Midas formula is based heavily on volumes.
4. Cross of both VZO and Ehlers Stochastic/RSI. This is not the vanilla Stochastic RSI calculation, after Ehlers rethought the indicator.
5. vWAP is now a support, but price action is not over extended beyond one sigma range.

There are more factors that can be put on the list, but this is not a competition - just a simple take on a stock. Manage your risk -trading is not gambling.

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