DELL May 26 Setup: Strong Earnings RunDell Technologies, Inc. Class CNYSE:DELLBullBearInsightsStrong Earnings Run, But Now Sitting in a Decision Zone DELL is showing one of the strongest momentum structures on the 15-minute chart. Price had a clean trend expansion from the 240s, then pushed sharply into the 290–298 area. This is a powerful move, but after that big run, the chart is now starting to slow down. The key thing I see is that DELL is no longer aggressively pushing higher. Price is consolidating near the highs around 294–298 while RSI is cooling from overbought territory. That does not mean the move is over, but it does tell me traders may be pausing before the next major move. The short-term trend is still bullish as long as price holds above the rising EMA support near 288–290. If DELL stays above that area, buyers still have control and another push toward 300 is possible. The risk is if price loses 288–290. That would show the breakout is starting to weaken and could open a deeper pullback toward 275, then 270. Now adding GEX into the picture, the upside is still active but also crowded. Calls are heavily positioned, which shows traders are leaning bullish. The main upside levels to watch are 300 and 303. If DELL breaks above 300 with volume, it can trigger another squeeze toward 303 or higher. But if price rejects near 300 and loses 290, the downside can move quickly because the next meaningful GEX support sits much lower near 275–270, with a deeper support zone around 260. Key Levels to Watch Resistance: 300, 303 Support: 290, 288, 275, 270, 260 Bullish Scenario If DELL holds above 290 and breaks through 300, bulls can push for continuation toward 303 first. A clean breakout above 303 can keep the momentum alive and may force more upside chasing. Bearish Scenario If DELL loses 288–290, I would expect profit-taking to increase. The first downside target would be 275, then 270 if selling pressure continues. My Thought DELL is still bullish, but it is extended. This is not the best spot to chase calls blindly after a big vertical move. For me, the clean setup is simple: Above 300, DELL can continue toward 303 and possibly higher. Below 288–290, DELL likely pulls back toward 275–270. Between 290 and 300, I would stay patient and let the market confirm direction.