Is the company re-inventing itself as one of the premier players in the AI server business?
But there are headwinds that have the analyst community concerned about a moderate pullback in AI infrastructure spend by corporate management teams.
Let's examine the weekly Relative Rotation Graph of 3 key hardware stocks Apple (AAPL), Super Micro Computer (SMCI), and Dell (DELL).
Turning to the technical price chart of Dell, we see this chart falling into an triangle consolidation pattern, which according to the Elliott Wave principle has 5 swings of lower-highs and higher-lows.
BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons:
Dell, SCMI, Elliott, Todd Gordon
Organizations:
Dell Technologies, Apple, Micro, Dell, DELL, Inside Edge