Dell Faces Challenges with Sluggish PC Sales and AI Transition

Dell shares dropped 11% in after-hours trading following a revenue report that missed Wall Street expectations, despite record AI server orders. The stock, which had gained 85% year-to-date, is now at risk of a reversal due to a rising wedge pattern. Key support levels to watch are $130, $105, and $87, while $180 is an important overhead resistance level. Investors are advised to monitor these technical indicators for potential buying or selling opportunities.