DELL trades in neutral territory before earnings; breaking below the inclining trend line creates stacked resistance that hinders a return to all-time highs.

Next up and lastly, guys, Dell going into earnings tomorrow. Dell has pulled back pretty decently from its recent highs and most recently been making these recent highs. It did close out above a weekly topping tail.

So, right now, Dell is kind of in no-man's-land, as you see here, trading right here on the 50% area of the parallel.

A breakdown underneath this inclining trend line for Dell tomorrow would not be good near term. As you see, that would then stack multiple levels of resistance going back up. First being this trend line, second being the 50% area of the parallel, and then third within eventually be this declining trend line on the charts.

That would stack three different layers of resistance.

If you're a bull on Dell, you want to see price get above today's close after the earnings tomorrow and start pushing up to retest the all-time highs. Otherwise, we're going to have a fight for ourselves on Dell to get back up and retest those all-time highs.