$AMAT Price target raised to $60 prior to earnings.An analysts almost doubling their price target on a company one day prior to earnings, may give us a indication of what is in store. AMAT is sitting on quite a critical level and this upgrade had come at a great time. Hopefully the Analyst is anticipating a large beat.
AP2 trade ideas
AMAT Head & Shoulders Formation w/TargetNot much to see here; Plain and simple trading with a minimum expected movement from a Head & Shoulders.
Lots of negative news coming out about this company, but it isn't moving the price as much as it used to.
With the general market being bearish on tech, and lot of bad news coming out that isn't moving prices, this could is a good long opportunity w/confirmation of price movement.
Will be taking a short term $40 call option upon break of the $36 level, cutting losses if it goes below $35 again. Super short term.