Dell Technologies stock price (DELL) rose in latest intraday trading, after successfully venting off its apparent overbought saturation on the Stochastic in previous moves, amid the dominance of the upward correctional trend in the short term, with ongoing positive support due to trading above the 50-day SMA.

Therefore we expect the stock to rise in upcoming trading, as long as it remains above the price of $116.60, targeting the resistance level of $129.65.

Todays price forecast: Bullish