Plan is a long intraday trade in DELL. 1) Upside math (meets 4–5% target) - Entry range: $128.50–$130.50 (around current $129.47, slightly below/around yesterday’s open). - Exit range: $134–$138. - Minimum upside vs. entry floor: (134 − 128.5) / 128.5 ≈ 4.3%. - Mid-range target (~$136) gives ≈ (136 − 128.5) / 128.5 ≈ 5.8%. This satisfies the intraday ≥4–5% profit window while staying within about 1×–1.2× ATR14 (~$7.25) above entry. 2) Catalyst and sentiment - Fresh earnings/guidance tailwind: News flow explicitly notes that Dell stock is rising on recent earnings and upbeat narrative around AI servers and broader market strength (e.g., “Earnings live: Dell stock rises, Deere and Zscaler slide in last major earnings day this week” and “Stocks Rise Pre-Bell as Investors Assess Latest Economic Data; Fed Rate-Cut Optimism Continues”). - Positive analyst stance: Bank of America Securities is maintaining a Buy rating, reinforcing the idea that institutions are still supportive at current levels. - Social momentum: Social mentions rank 44 now vs. 399 prior, a huge jump with an “up” trend, suggesting fresh retail attention without being as crowded as mega-cap AI names. - Macro tape: Multiple headlines point to rising index futures and market breadth improving, which tends to support continuation moves in recently positive earnings names. 3) Technical setup - Price: $129.47 last vs. 10-day SMA ~$126.60, 20-day SMA ~$139.86, 50-day SMA ~$143.61. The stock has sold off ~22% in the last month but is now stabilizing above the 10-day, still well below the 20- and 50-day. That creates room for a reflex bounce toward the low/mid-130s without immediately slamming into heavy longer-term resistance. - RSI ~37: Near oversold rather than overbought, which is preferable for a long bounce. - MACD is still in bearish momentum, but that’s consistent with a washed-out name after a sharp drop; combined with improving sentiment and earnings tailwinds, it favors an intraday mean-reversion/continuation off the post-earnings strength rather than chasing extended breakouts like GOOG. - ATR14 ≈ $7.25: A 4–6% move (~$5–$7) is well within normal intraday volatility. 4) Short interest / squeeze angle (adds fuel) - Short interest days-to-cover: 3.25 (elevated for a large cap), and short interest is up ~39% vs. the prior report. - Short volume ratio latest ~65.9%, with 5- and 10-day averages ~62.1% and ~59.1%, trend rising. - Squeeze score 80 with flags for elevated days-to-cover, rising short interest, and elevated/accelerating short volume. This doesn’t justify a squeeze-only thesis, but it does mean that if post-earnings buying persists, shorts may be forced to cover intraday, helping push toward the $134–$138 exit zone. 5) Risk framing and stop - Stop-loss: $123.50 (about $6 below the $129.50 region, ≈4.7% downside from entry floor). This is slightly under 1× ATR and below recent intraday low area ($129.55), providing room for normal noise while cutting the trade if selling reasserts. - Reward-to-risk: Using conservative target $134, upside ≈$5.5 vs. downside ≈$5.0, so ~1.1:1. With a realistic fill nearer mid-entry (~$129.5) and a likely push toward $136 if momentum is strong, practical R:R can approach 1.5:1. 6) Why DELL over NVDA or GOOG - NVDA: Still in clear MACD bearish momentum with RSI ~41 and negative AI-chip competitive headlines (Google TPUs risk, SoftBank exit). Less clean as a pre-market long; rebound thesis is more sentiment-dependent. - GOOG: Extremely extended — RSI ~77, strong bullish MACD, 1M +19.9%, 3M +55.4%, 1Y +91.2%, right near 52-week highs. Chasing here offers limited asymmetry vs. pullback risk for an intraday long. - DELL offers: a) fresh earnings narrative, b) improving social interest without being saturated, c) oversold short-interest-supported bounce structure, and d) a reasonable liquidity/price point (~$130) for intraday trading. 7) Execution and intraday horizon - Time horizon: 3–6 hours post-open; focus on first-half session momentum with flexibility to extend to close if trend is strong and volume remains elevated. - Execution notes: • Look to enter on early pullbacks into $128.5–$130.5 rather than at opening spike highs. • Trim partial at/above $134 to lock >4% if tape weakens, trail remainder toward $136–$138 only if volume and broader tech are trending up. 8) Evidence links from news - “Earnings live: Dell stock rises, Deere and Zscaler slide in last major earnings day this week” (Yahoo): https://finnhub.io/api/news?id=61a95b22c387fa3f85da86769511c3622b6487b7e94a3f9c2d24ba2d34e9aa24 - “B of A Securities Maintains Dell Technologies (DELL) Buy Recommendation” (Fintel): https://finnhub.io/api/news?id=15b9ac8db58cc483f41df0476bf655bd5f776701a92ff4279c1135ae71bd58bc - Additional macro/DELL context: “Stocks Rise Pre-Bell as Investors Assess Latest Economic Data; Fed Rate-Cut Optimism Continues” (Yahoo): https://finnhub.io/api/news?id=d1a4473eefad3604755b231783ac5901644163457429d9fa5986070303186e3b Overall, the combination of post-earnings interest, improving sentiment, elevated short metrics, and a still-oversold technical posture supports a 4–6% intraday bounce attempt with controlled downside, warranting a high-70s confidence rating.

Range checks: current last_trade_price 128.99 sits within the stated entry range (128.5–130.5) — feasible for execution. Stop at 123.5 is ~4.3% below current and ~0.75×ATR (ATR14 7.2992) — stop is inside 1 ATR but not extremely tight. ATR implies intraday moves of ~5.7% are normal, so targets (134–138) fall within ~4–7% upside — within 1×ATR for the top end. Short interest/days-to-cover is elevated (3.25), which can add squeeze-driven volatility but also downside gamma risk for intraday horizons. Displayed sizes are modest (bid_size 141 / ask_size 100) — watch for slippage on larger fills. Horizon is 1 day (intraday) which increases execution and gap risk.