Dell has not budged from its opening range. It was down pre market and since it opened today has not really took a big hit from sellers. So the question is, can we see 39-40 by middle of next week?
Dell is going to need alot of help from the nasdaq and the other averages in order to pull off a move like that.
Dell will be trendless for a month. It will be a kind of market performer slightly toward market underperform. Trade it only if you are happy with small profit.