Nearest Support: $12.50
Catalyst: Going Private Transaction Sideways is a direction that Dell (DELL) shareholders need to get used to. After founder Michael Dell announced that he was raising the cash to take the firm private, this stock has traded in a relatively tight range. And now that more specifics have come out about the deal, it's unlikely we'll see much more volatility in shares of this computer giant. DELL has a tiny risk premium still factored into shares, but it's unlikely to be a very lucrative arbitrage opportunity; like Sprint, there's a lot of headline risk in this stock. Since the deal price is $13.65 per share, that price is going to act as a pretty hard resistance level for now. That means that there isn't a trade to be made in this name right now.