AMAT trade ideas
My Poor Abandoned Baby :(AMAT looking for continuation ...if Trump shuts his mouth or breaks a couple of fingers playing golf.
The last PushJust in time, the levels show patterns that indicate that it still have more to give.
This was a pretty quick change of mind. I reach to cancel the previous publication where i was short in this pair. When I analyzed the chart on a smaller scale, I discovered something interesting. I was tracing the angle from the wrong point.
Long up to 73.
Best wishes to all
Next leg up - Semi moving higherBoth Mu and AMAT seem to be trying to move higher right now. MU has started its run slightly before AMAT.
AMAT trades at fair valuations. EV/EBITDA is at 12.85. PEG ratio is at 0.7. With great growth I feel as thou I am not paying too much at these prices.
We could have a retest of fake out here. I plan to take a position. I should of already taken a pier 1 position, but as usual I become trigger shy after a string of losing trades.
Nice ATH BreakoutConsidering getting in if we have a pullback, or looking for entry on smaller frame.
Applied Materials Another unpublished ideaI had posted this to my personal page.
I had seen this double pattern happen a few times going back.
I ended up missing the bottom by a bit but feel I still got in at a good spot.
(*Note this was my first ever stock purchase)
Since the run up has happened quicker than expected I am not sure what to think.
It would seem another small correction is coming like in the circle.
After that another strong uptrend.
I will try to update with a new trend after some more data.
I see great potential with AMAT and feel its a good long term investment.
AMAT is breaking out from ABCD triangle.. AMAT seems like rebounding.
+Breakout from Triangle pattern.
+Price break and move above EMA20 & EMA50
-But volume is not significant
+ Buy signal appears on Bollinger Band
+ Force index turned +ve - Bull gaining momentum
+ Oscillator suggest selling is overdone (oversold)
Suggest partial buy.
Record year behind - outbreak before?Applied Materials, Inc. is currently one of the top-performing stocks in the technology sector. Applied Materials reported record revenue and operating profit for its fiscal 2018 first quarter and was upgraded to a Zacks #1 Rank List.
Applied Materials is the world’s largest manufacturer of semiconductor equipment. The company also produces items for the production of liquid crystal displays and solar cells.
What has happened lately?
On February 14, 2018 Applied Materials, Inc. reported financial results for its fiscal 2018 first quarter ended January 28, 2018.
The reporting period brought the company a record quarter revenue of $4.20 billion, which is 28 percent higher than the $3.28 billion recorded a year ago. Compared to the previous quarter, revenue increased by 5.9%.
“We see sustainable strength in our markets as large, powerful trends drive a fundamental shift in the demand for semiconductors and displays,” said Gary Dickerson, president and CEO. \u2028
The board of directors of Applied Materials approved a new $6.0 billion share repurchase program. The quarterly cash dividend the company pays to its shareholders is doubling to 20 cents per share.
On February 20, 2018 Applied Materials, Inc. was upgraded to a Zacks #1 Rank List (Strong Buy) and has a VGM Score of B.
Applied Materials expects net sales to be between $4.35 billion and $4.55 billion in the second quarter of fiscal 2018.
What do the analysts say?
Based on the views of eight analysts, which I have considered:
Applied Materials' average price target is 72.14 US-Dollar.
The maximum price target is 75.00 US-dollar.
The lowest price target is 70.00 US-dollar.
Today AMAT’s stock price is about 60.03 US-Dollar a share.
Fundamental Data:
P/E ratio: 18.01 / Sales growth: 34.29% / Profit growth: 99.54% / Dividend: $ 0.40 / 0.69% (Source: teletrader).
What do the technical analysis methods I use say?
Oscillator: The RSI is around 80 - overbought!
Price Indicator: The stock price is above the SMA200 ($50).
Trend indicator: The MACD is currently in the positive zone.
The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and is preferably used in analyzes by Ritschy Dobetsberger.
The black line in the chart: the starting price of the idea is 60.03 US-Dollar.
Noteworthy, in the chart is the eruption from the yellow rectangle with the candle today, March 6th.
The red line in the chart: the stop loss is lying at 55.40 US-Dollar. Thus, the stop-loss is at a risk of about -7.71 percent and on the low of the candle from 2 March!
CONCLUSION:
Applied Materials reported impressive first-quarter fiscal 2018 results. The reported first-quarter profit and revenue were above Wall Street estimates.
Based on the fundamental and chart analysis, the company has a great potential to grow further sustainably and profitably. Therefore, this position trading idea is started here!
Today's breakout from the yellow rectangle with the candle has also prompted the technical start of this idea.
Parameters of the Idea - Start of the idea: $60.03
Recent stock price: $60.03 (+0,00% from the starting price)
Stop-Loss of the idea: $55.40 (-7,71% from the starting price)
Take Profit of the idea: $75 (highest target price)
This idea has been running since March 6, 2018.
Disclosure:
"The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such.
You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.”
Amat Cup n HandleAmat has been on a tear since earning. I think we will see a small sell off as we approach the 9 sell on the daily, we should test the 100 EMA and then start the accent all while forming a nice clean handle that should lead to a breakout!
Buy point 58.83
First target 60.89
Second target 61.92
Third target 62.91
Ultimate target 72 (may takes 6 ~ 8 weeks)
Technology stocks for 2018 #3 (AMAT)Sector: Technology
Industry: Semiconductor Equipment & Materials
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It operates through three segments: Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets. The Semiconductor Systems segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
www.morningstar.com
The concept behind trend following is for example: this stock make 67% the last year and is yet trending.
But for this reason now your PE-Ratio: 21.17 Is high, for some investors but this is not my decision
All the ideas in this series of publications called "Technology stocks for 2018" Are Trend Following.
No price patterns in this series. Do it easy, No technical analysis
Trend Following
AMAT sideways until EWill this break above $60.89 after earnings or will it hit it and head back down?
AMAT Cup with Handle Possible buy signal $60.9Looks like a good possible set up. I like the volume spikes just need a couple more.
#AMAT #stock #long #buy #bullflagI like AMAT. It has formed one of my favorite patterns: They bullflag. MACD looks good. OBV looks good. Trend looks good.
Daily
Daily looks good. trend is up. MACD is up. OBV is up.
Weekly
MACD is about to cross up. OBV is ok. Trend line is up.
$AMAT, it may follow the trendI don't see why it wouldn't want to bounce off trend line, opportunity may present itself. #GL
AMAT - Apr.'18 Exp. Put Vertical Credit SpreadTrade details:
47/42 Put Vertical Credit Spread @ $0.98
Prob. of Max Profit = 69.49%
Prob. of Max Loss = 13.53%
Break-even @ $46.02
114 D.T.E.
Trade plan:
Similar bias as NVDA trade (check it out below).
Entry by oversold + support/resistance analysis
Expecting $48.00 support level to survive possible test before earnings report in Feb.'18 for an uptrend continuation before Apr.'18 expiration.
Using longer duration for some more premium + allow for adjustment if trade goes very wrong.
Expecting spread to expire worthless but will take early profit + place new trade with same bias around earnings if IV swells premium up enough to give an edge.
AMAT at Long Term ResistanceAny new high should create a 3rd Monthly RSI diversion peak. Should be a struggle to break through. There was a reversal spike on the Daily chart for blowout earnings. Also, see a monthly chart of SOX and TXN for similarities.
ATOM Bollinger BandThis is Bollinger band indicator. Default value is set at length 20 with 1 Standard Deviation (Narrow)
Light blue region indicate votality of price movement between Upper and Lower Band
Line chart is represent price movement. Decision to buy/sell is as following :-
1 - Potential Buy - Price Line turned Green crossed above upper Band.
2 - Potential Sell - Price Line turned Red crossed below lower Band.
Note :- Price breakout from narrow band normally result in rally.
The longer duration of narrow band will result in stronger rally after breakout
Best use with "EMA Indicators with BUY sell Signal"
EMA Trend with Turtle Buy/Sell SignalCombine 3 EMA Indicators with BUY/SELL Signal based on Turtle Indicator
1 - Combine EMA20 (Thin red line), EMA50 (Green thicker line) and EMA200 (Thickest Purple lines)
2 - Buy signal based on default 20 Days Highest High resistance
3 - Sell signal based on default 10 Days Lowest Low support
Input
- Short EMA (20), Mid EMA (50) and Long EMA (200)
- Resistance (20) = 20 Days Highest High line
- Support (10) = 10 Days Lowest Low line
