Bullish Shark PatternI did a post on this before, but I am reposting because it got a confirmation back-test double-bottom. This is especially good because the local low backtested the high from January 2022. The shark harmonic with a 1.13 fib retrace.Longby farmerjuan2
AMAT finding a bottom?I like that the price it has pulled back to coincides with the previous high in Jan, '22, which became resistance in Dec '23, and that the 0.50 Fibo retracement is in the same area. It needs to hold and find support here. If so, the next leg up should be ~75-100%?Longby scottammons1112
Right place, right timeWe are at the right place and right time, buyers showed their hand at 167~168, if we can hold it here, we can easily take this thing back to 200~210 in 6 to 8 weeks.Longby mrezaei0
Bullish Shark PatternThis is especially good because the local low backtested the high from January 2022. The shark harmonic with a 1.13 fib retrace at the backtest but no confirmation double bottom, instead it formed some sort of three rising valley. Longby farmerjuan2
AMAT Oversold to 138 ?RSI Oversold (Under 35) Consistent demand for Semis Expected 128 -> 138 Ranging PT: $138Longby EaszzzyEUpdated 111
$AMAT with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:AMAT after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 28.57%.Longby EPSMomentum0
AMATThe AMAT stock is on an uptrend on the daily timeframe, as I have mentioned several times. It has been able to maintain the upward momentum, and in the session before last, it opened with an excellent buying gap. This is a high-margin trade with a risk-to-reward ratio of 3:1. You can enter around $1by IbrahimTarek4411
Applied Materials May Be OversoldApplied Materials has struggled since the summer, but some traders may think the chip-equipment stock has rebound potential. The first pattern on today’s chart is the sharp drop on October 15 after industry peer ASML issued weak guidance. AMAT kept sliding for more than a week before trying to stabby TradeStation3
$AMAT can move lower if it takes out Fridays Lows at 183NASDAQ:AMAT looks to be poised to head lower if it can confirm the previous channel on Friday at 183. If price can close below this area we can potentially see a flush to 173.39 which is last months low and our closest Demand area. Shortby twiney110
#AMAT 15.10.2024 #AMAT 15.10.2024 Ep - 213.95 Sl - 198.01 Tp - 249.36 rrr - 2.23 Longby Khairil_Anuar2