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Appliedmaterials

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
NASDAQ:AMATLong
by MonetaryRebel
Updated
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.
NASDAQ:AMAT
by MarthaStokesCMT-TechniTrader
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.
NASDAQ:AMAT
by MarthaStokesCMT-TechniTrader
1122
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Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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