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AMAT bounce?
Applied Materials, Inc.
Long
AMAT bounce?
By gooney0
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Aug 15, 2021
1
Aug 15, 2021
Looks like price bounced off the lower trend line. Earnings is coming up, but they've beat 4 out of 4. EPS keeps increasing each quarter.
I'm in if the price rises to $130.59. Good potential to raise the target. I'm probably being too conservative.
Weekly PUTS for Aug 20th are nice:
$120 bid of $0.61. -0.03 delta
$124 bid of $1.26
Earnings on the 19th.
Trend Analysis
Trend Lines
gooney0
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