Expected to report an EPS of $1.73 on revenue of $22.16bn

Taking a look at Dell Technologies ahead of the company’s earnings tomorrow. Currently. Its stock is trading at around $91.54 a share. Looking at the daily chart, we can see that the stock has been in recovery mode ever since the big fall back in 2021. It has now broken through the resistance of $90.74 (green trendline), this is now acting as key support here for the stocks. A move back below this trendline support could then see a slide lower towards the next important support at $80.48 (February’s low). Towards the upside, Dell still has more to go to close the gap as highlighted by the white oval. An almost 20% move from current levels would be required for the gap to be filled and previous levels to be present. A failure to do so could see another sell-off, however, this is not necessarily always the case. The next resistance level in focus is Monday’s $93.48, a break above it would then allow investors to eye up the $100 mark. Looking at the technical indicators, the MACD on the daily has now turned positive and so has the RSI as it reads 63. However, the RSI has dipped a little following the break of resistance.