Looking like an ABCDE wave pattern, h/s formed on last leg up to D. Target for that is around 144$, TL touch coming in around 150$ depending on how long it takes to get there. I'm looking to buy at E, presumably around the 150$ area. Target is measured move of the pattern/, potential retest of all time highs, 230$-250$ area. If trendline @ E breaks south and price hangs out, the trade is bad. If you play it get as close to TL as possible to minimize risk. Not financial advice u do u, GL.
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I'm long AMAT @ 151.50, if we start daily closing below the TL or breach 144$ im going to close the trade
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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.