Applied Materials, Inc.

Long

AMAT is forming a bullish pattern after a breakout and surge

formed a high and tight pennant after the cup-with-handle breakout. The stock is in an uptrend and leading. This pennant is a bullish continuation pattern and a breakout is expected.

trendinvestorpro

Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT

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trendinvestorpro

Choose a Strategy, Develop a Plan and Follow a Process
-Arthur Hill, CMT

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.