Dell earnings beat expectations. Price moves away from the 200 day MA. ...Middle East

Dell announced their earnings after the close and beat on the top and bottom lines:EPS $1.89 versus $1.71 expectedRevenues $25.03 billion versus $24.14 billion expectedDell shares closed at $110.74 and are trading higher by $7.10 or 6.41% at $117.85.Dell shares traded as high as $114.44 intraday and as low as $108.10. At session lows, the price tested its key 200-day moving average at $108.02 and found willing buyers (it closed at $110.74)With the price now trading near $118, the price is moving away from that 200 day moving average. On the top side, the 100 day moving average comes in at $127.51. Going back to July 17, the price gapped below that 100 day moving average (blue line in the cha

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