AMAT making bullish run with MA Cross above 50MARetrace from last run shows this can reach 155 by end of Jun.
4AMAT trade ideas
AMAT on watchWould like to see a pull back to the green box and then a push through the downward trend line. Targets would be the dotted lines. Not interested if price dropped below the green box.
$AMAT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $AMAT after a Negative Under reaction following its earnings release placing the stock in drift D
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AMAT - From Deep pit to new heightsChip companies have recently experienced high volatility - but this seems to be the latest low. On Belay!
Long $AMAT This is a chart of $AMAT on a 4hr candlestick with a Fib Retracement too and the TradingView "Long Position" tool. As you can see, AMAT has just broken out of a pennant. I would wait for a pullback to the $130 level to add shares. If it goes to $125, I will add to my position. Keeping stops tight due to the uncertainty of this choppy and fearful market, I would set it at about the $121 mark right where a Fib line is. This analysis tells me $AMAT may be $171, which would be my PT level for a very successful trade.
If I were to take a position of 10 shares, I would be adding 7@$130 and then 3@$125, which would be a CBPS of $128.5. If I would then be risking $7.5 per share to potentially make $42.5 per share. I liked what I saw from Applied Material's recent earnings report, I think there is good sentiment around this name, this is a name I would go long on.
collecting that baggood quarter, scarce product. June 4th $132 calls + shares post earning + x-div 🤙🏽
$AMAT Chart request Clean set up off 89 ema touch (daily), risk reward not there for me w current market conditions+
Guys i do this private clients via video or chart, if they ok it i share(delayed) , even if it helps 1 person, i will try to, 🙏
$AMAT Bull Flag SetupAnother semiconductor equipment leader setting up a bull flag trade setup after pulling back to its 50 MA. On focus list for this upcoming week.
Applied Materials Inc (AMAT)- MANUFACTURES DEPOSITION, INSPECTION AND ETCHING/CLEANING EQUIPMENT USED IN IC/FLAT PANEL DISPLAY FABRICATION.
$AMAT Downtrend break w Daily inside bar trigger Buy stop on 135$ break, stop just below low, move stop to break even her and take some on a 4-5$ w volume, if it breaks low first pattern is negated
AMAT LongAMAT has been stair-stepping higher in a bull trend lately. In my opinion AMAT has been a leader in one of the stronger industry groups within tech (semiconductor equipment). Yesterday it printed an inverted hammer after failing to make a significant push below the previous low on 4/19. This is the line in the sand. Today it opened near those lows but pushed higher and out of the short-term downtrend on impressive volume. It has consistently found buyers at the 20-day EMA (see arrows) - this area has regularly been a great spot to initiate a long. Today represents a low-risk entry with a stop at the previous day's low (red dotted line).
