AMAT trade ideas
Applied Materials quietly forming bullish C&HTrading at a very reasonable 16 P/E ratio AMAT maybe does not get the attention it deserves, despite that it has staged a very nice recovery in 2019 and appears to be looking to break to the upside.
Volume has increased nicely and volatility has decreased, we think it is a good value play.
COMPANY PROFILE
Applied Materials, Inc. engages in the provision of materials engineering solutions used to produce new chip and advanced display. It operates through the following segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment includes semiconductor capital equipment for deposition, etch, ion implantation, rapid thermal processing, chemical mechanical planarization, metrology and inspection, and wafer level packaging. The Applied Global Services segment provides solutions to optimize equipment, performance, and productivity. The Display and Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes; coating systems and display technologies for television; personal computers, tablets, smart phones, and consumer-oriented devices. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.
THE BEAUTY OF SIMPLE TECHNICAL ANALYSISI am sorry, guys, posting this with a delay, but what a perfect long!
Again and again, the ultimate power and beauty of simple technical analysis!
You don't need anything else. Just the Chart and your Skills!
If you want to learn how trade like me, feel free to pm me!
AMAT Bullish momentum towards earning to 55 levelAMAT will continue bullish momentum towards earning to 55 level.
Applied Materials Inc (AMAT)I have had this chart for a while but I think now I will share it. AMAT still has a little room to run on the upside to major resistance at $51.49 but is getting close to topping out (with minor resistance at $53.93). While the indicators do not signal we are there quite yet, and that there may be a week before AMAT tops, the chart pattern is getting closer to a 'Go'. Of course, we do not trade on anticipation and will only enter the trade when the price action tells us (break of the signal reversal bar on the daily). Yet, we are getting close to a maximum extreme on our 78 bar SMA, and close to equality of our green measured move line. Unless the fundamental dynamic changes, we are getting close.
However, if price were to break above $51.49 this will signal a confirmed uptrend and we will abandon the reversal trade and only trade long.
Happy Trading
NASDAQ:AMAT
Goldman upgrades Applied Materials to conviction buy list.NASDAQ:AMAT has had a nice recovery from the December lows, but still remains 20% below its ATH from March 2018. Caution is needed if intending to jump in here now as this is still dependant on China trade talks having a positive outcome.
The chart is bullish but in that holds the danger of overbought conditions.
Indicators are in a very bullish uptrend of higher highs and lows.
Macd getting quite lofty.
Ma's providing support ,
Golden Pocket needs to hold as support.
$AMAT UPGRADED TO BUY Time Frame
1-Month 48.05 0.51%
3-Month 48.49 1.43%
6-Month 49.41 3.34%
1-Year 50.73 6.10%
2-Year 55.48 16.04%
3-Year 65.62 37.25%
NASDAQ:AMAT
AMAT - LONG to 70.00AMAT is on an serious uptrend to reach 70 in the next year.
See all details on graph.
$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.
AMAT: Trend resumption after pull backStock has a nice rally from the December lows and consolidated nicely from the rally. Stock resumed its upward trend and a nice pin bar at support on 4/22 for entry.
Applied Materials, Inc.DAILY
tendency is downward
support zone at 34.80 to 33.46
initial resistance at 41.23
200 MA resistance
Applied MaterialsSlight retracement to the 30 day, if it starts heading back towards resistance on smaller tieframes I will enter.
***Nice bearish setup***NASDAQ:AMAT below 1,2,3day VWAP and below 5day MA. Short below $38.59. do not participate if it gaps down through the trigger price.
AMAT - Negative OutlookAMAT looks poised to remain in decline after failing to break resistance at DTL
AMAT LongLong based of channels and fibs
My Entry: .00 (any entry above this is fine)
Stop Loss: 1650.00
PT: 1440.00 area
Risk/Reward: 1:3.4
