This is pretty basic technical analysis. If $DELL crosses the yellow intermediate trend line, I would expect the target to be around the upper green trend line. If it fails at the yellow, I would reassess the chart closer to the lower reds trend line. I would take at least partial profit on a tag of the green trend line. There was not much recent news concerning the stock. An upgrade from Evercore earlier in the month and news that $DELL would be working with $NVDA on some new chips