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. by MarthaStokesCMT-TechniTrader3
$AMAT Heading for all time highs in Applied Materials Friday trade setup if market remains bullish. Option 1 = entry on 7&12ma's crossing over MA34. Option 2 = Entry on break from channel. $63.00 is the key level if we managed to get there and break through let it run, Longby Bullishcharts36
Key Chip Stock Has Pulled Back After Monster QuarterChip stocks are the best performing major industry group so far this year, and Applied Materials has been one of the strongest in the index. The provider of semiconductor equipment has scored double beats (earnings and revenue) all four quarters of 2020. AMAT spiked to a new record high above $63 after its last report in mid-November, followed by a pullback into the mid-50s. Buyers have returned to defend its previous consolidation zone between $55 and $56.50. Now the stock is pushing higher along with the Philadelphia Semiconductor Index and challenging another key zone: AMAT’s November 25 and 26 high of $58.42. Momentum buyers may look to add if the stock clears this level. Finally, a fundamental note on semiconductors in general: While orders slowed for most of 2019, data from the Semiconductor Industry Association showed them turning positive again in September and October. Furthermore, economic growth estimates have ratcheted up lately – especially after last week’s non-farm payrolls report. That typically favors chips because they’re cyclical. On top of that, 5G networking is expected to drive growth for several years into the future.Longby TradeStation9
$AMAT Uptrend Still In Tact$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!Longby InsiderFinancial18
$AMAT Breaks Out, More Gains To Come$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!Longby InsiderFinancial15
$69 Target for Applied Materials. Entry level above all time high. $61.50. Target price below Fib Expansion 1.272 $69.00. Stop loss below breakout level $59.50. The stock is getting overbought but has huge momentum behind it, great earnings and guidance add furl to the rally. Don't be greedy thought and be aware big winners drop hard. Longby RedHotStocks23
AMAT .. AMAT-er of time before we all get rich!Send your kids to school on this chart. Look how nicely its behaving on Market Symmetry. Shortby TradingQB116
AMAT is forming a bullish pattern after a breakout and surgeAMAT formed a high and tight pennant after the cup-with-handle breakout. The stock is in an uptrend and leading. This pennant is a bullish continuation pattern and a breakout is expected. Longby trendinvestorpro3
AMAT keep going to the previous highWill see the situation after rising up to the high point, if it will make a FB and close under the lvl, i will short it Shortby Taras_Loboda6
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.Longby ChartimisticUpdated 1
AMAT topping again with MACD diverging downAs AMAT has been moving away from the triple top the MACD has divergence down, prices look like theya re headed to the 49 level. Picked up osme October 25th weekly options the 49 puts at 32 c.Shortby AIQ_SystemsUpdated 3
***BUY IDEA***Hopefully it pulls back to the support line shown on the chart and buy on the way up above the 1day vwapLongby xtrading_ideasUpdated 6
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. Shortby Tornado_TradingUpdated 2
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. by MarthaStokesCMT-TechniTrader4
$AMAT Applied Materials heading for All Time HighsEntry level $53.00 = Target price $63.00 = Stop loss $ 51.00 Bullish indicators point to further advances and a break from ascending triangle. Possible test of all time highs. P/E ratio 17 Average analysts price target $54 | Overweight 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. Longby Bullishcharts18
AMAT is waiting for a breakoutI identified a rising triangle or wedge that makes the AMAT trade attractive. Currently, the price seem to be at support, therefore I entered the trade now to see how it plays out using naked call option. Entry: 50.96 Longby RiskRewardRatio3
Rising Channel with possible rebounceA short position. The rising channel was identified and there were possible retracement before another comeback. The trade was quick upon realization the risk entered was too big for me at the moment. To have a nice sleep, the trade was exited upon favorable return. Entry: 50.04 Exit : 51.06by RiskRewardRatio4
AMAT Trend ContinuationWashout on relvol after earnings. 2nd leg uptrend continuationLongby garfield.maxUpdated 1
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. Longby Bullishcharts9
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!by StocksAndOptons3311