AMAT call buy 90 July 16 2021 cmp:88.05 sl:88 4 Dec premium: 9AMAT call buy 90 July 16 2021
cmp:88.05 sl:88 4 Dec premium: 960
AMAT
Sell Signal: 77.39Ingenuity Trading Model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
Applied Materials - Bullish pullback trade ?Applied Materials ( NASDAQ:AMAT ) has an interesting chart in that it tends to pull back below the 21 EMA on the daily chart. I tried to identify a clear area of support for each pullback, but it seems arbitrary. You can see the Keltner Channel falls just short of where the stock reverses the second time and the most recent pullback is actually pulling back to the 34 EMA which I initially did not want to put on my chart to avoid too many lines... but I figured, seeing is believing, so I put a big fat orange line to add to the chart.
AMAT is an upward trending stock and has decent volume...approx 5 million shares traded today...I sorted the S&P 500 constituents by volume and AMAT was #19 in volume (#1 being highest volume which was GE). I did see other stocks that were pulling back as well, but something about their charts didn't convince me.
OK prediction time... so based on what I see on the charts I think we might see AMAT find support at $62.65 ... from there I think its going to ride back up. It is oversold based on the 60 min time frame, but not quite there on the daily time frame... so keep an eye on it tomorrow. If it comes down to $62.65 or to the lower Keltner channel band I wouldn't be surprised... but be wary if it breaks below that. Those considering to go long now, might be a little early...or could be lucky and end up hitting it right on the nose because it doesn't tend to stray too far below the 21 EMA and today's red candle was a decent size.
Dip on the UptrendClear uptrend on NASDAQ:AMAT within health retracement session.
We shall see bullish price action above point of control to signal an entry.
Trade not significant if price move to low transaction zone (which is below 50MA in this chart), indicating weakening of bullishness.
AMAT - Applied Materials Stock AnalysisBased on Technical Analysis, the idea is to go long as per major trend - watch out the possible price set back before starting a new rally.
Applied Materials (AMAT) – Applied Materials reported adjusted quarterly earnings of $1.06 per share, 11 cents above estimates, while the maker of semiconductor manufacturing equipment also saw revenue beat Wall Street forecasts. Applied Materials also gave an upbeat current-quarter forecast amid rebounding demand.
Applied Materials earnings previewOn Thursday, Applied Materials (AMAT), the global leader in materials engineering solutions for the semiconductor industry, is expected to post 3Q EPS of $0.94 compared to $0.74 last year on sales of $4.2B vs $3.6B a year ago. The stock has an expected move of 5.2% and dropped 4.4% after the last earnings release. The stock has 22 buys, 5 holds and 0 sell recommendations according to Bloomberg Consensus.
AMAT SWING TRADING OPPORTUNITYRISING WEDGE AND PRICE ACTION SETUP.
BUY RANGE : $59.5 TO $61.5
STOP LOSS : $58.00
ENJOY YOUR TRADE!
US stonx I'm interested inAMAT - Applied Materials
The domestic TSM, almost sounds like Tiamat. Eastern Asian spies? In my processor? It's more likely than you think.
www.nasdaq.com
CMI - Cummins
Lol, produces stuff for different industries, natgas. Should monitor PPI for April.
www.nasdaq.com
www.bls.gov
www.bloomberg.com
BBVA - Banco Bilbao Vizcaya Argentaria
This one doesn't look too hot but they're 'investing in zero knowledge proofs' and all that matters is that they mention 'blockchain' for the exit pump.
www.nasdaq.com
www.bloomberg.com
www.bbva.com
cointelegraph.com
Buy AMAT. SL $56. TP 460.5AMAT in the making of symmetrical triangle. RSI 5 also bouncing on trendline. price will go up to $60.5
Buy itAMAT has effectively broken out and re-entered it's upward rising channel.
Current target is ~$100 (a 1.618 fib extension from that last downward correction April2018-Jan2019), but that could take until year end.
Elliott Wave pattern is screaming to me that this is a 5 of a 5, so watch out near that $100 target and get your sell limit orders placed beforehand.
Considering buying some calls for 6 months--a year out
$AMAT Rising Channel or Wedge?I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?
AMAT Correction EndsAMAT corrected down after a failure to break out and above previous 2018 all-time highs. AMAT has rebounding price action on High Frequency Traders and Smaller Funds Volume Weighted Average Price orders. It is now near the previous resistance level to attempt another breakout.
$AMAT Uptrend Still In Tact$AMAT remains firmly in an uptrend and the dip looks to be a buying opportunity.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and organic light-emitting diode displays, and other electronic devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.
As always, use protective stops and trade with caution.
Good luck to all!
$AMAT Breaks Out, More Gains To Come$AMAT has been a strong performer year-to-date. The stock is up 89% since January 1 and we think there's further gains to be had. After posting strong Q4 earnings, $AMAT got a string of upgrades.
Cowen maintains an Outperform rating on Applied Materials (NASDAQ:AMAT) and lifts the target from $65 to $75 after Q4 beat and upside outlook.
The firm says investors are willing to pay 15x-16x multiples on peak earnings, which creates a path to $80/share.
Cowen also notes AMAT sees early signs of 3D NAND recovery.
More action: Evercore (Outperform) raises AMAT by $10 to $70, and KeyBanc (Overweight) moves from $54 to $70.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells various manufacturing equipment that is used to fabricate semiconductor chips or integrated circuits. This segment also offers various technologies, including epitaxy, ion implantation, oxidation and nitridation, rapid thermal processing, physical vapor deposition, chemical vapor deposition, chemical mechanical planarization, electrochemical deposition, atomic layer deposition, etching, and selective removal, as well as metrology and inspection tools. The Applied Global Services segment provides integrated solutions to optimize equipment and fab performance and productivity comprising spares, upgrades, services, remanufactured earlier generation equipment, and factory automation software for semiconductor, display, and other products. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays; organic light-emitting diodes; and other display technologies for TVs, monitors, laptops, personal computers, electronic tablets, smart phones, and other consumer-oriented devices, as well as equipment for flexible substrates. The company serves manufacturers of semiconductor wafers and chips, liquid crystal and organic light-emitting diode displays, and other electronic devices. It operates in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. Applied Materials, Inc. was founded in 1967 and is headquartered in Santa Clara, California.
As always, use protective stops and trade with caution.
Good luck to all!
SMH - To Go Short or Go Long? You DecideI'd like everyone's input. Kind of like a forum if we could. Explain what your seeing from your perspectives and back it up with technical info, etc.
I'm currently short the SMH with some 11/22 $129 puts, but I'm considering only holding half of them through $NVDA earnings tonight. I personally don't think they'll outperform...especially since they've had an incredible run in the past month. This is why I'm leaning bearish on SMH and the market as a whole. GLTA.
What's your perspective?
AMAT - Materializing A BreakoutAMAT is a rather standard chart. An Ascending Triangle pattern has formed since the Christmas Eve low with only a couple of instances where the rising support line was broken. Each time the line was broken it was by a small amount & each time the line was regained shortly after. A multiple top pattern dating from late July led to the resistance line across the top of the chart. The breakout happened on October 24th. I am just waiting for the eventual pullback re-test to see if resistance has now become support.
Short AMAT - Bearish Divergences I see both on the 1D and 4H charts a bearish divergence on the MACD-H and EFI against prices. AMAT is pretty volatile so I suspect the divergence will lead to a move on the 1D chart to the -1 to -2 ATR lines (see the dotted 2 lines). This is because the divergence is strong and this ticker often times hits -1.5 and -2 ATR lines.
DMI shows ADX at the bottom, and -DI will go up, while +DI goes down. I expect ADX to rise along with -DI going up, possibly crossing it, this will then confirm the bearish strength.
I have to monitor the flow of the trade to decide where to get out. The estimate will be at least 49.03, but I set my target to 48.47 on the -2 ATR line, which will probably become -1 ATR when the decline sets in.
The StopLoss is set a bit above the resistance line. 1.5 ATR away
I will decide if I will see if it opens higher so I short from around 52. The other option is to go for a market order before I'm too late to short.
AMAT Trending UpwardAMAT is trending upward shown in the weekly chart view, after dropping to the 50% value loss level. This is a common area for a bottom formation to commence.
