AMATBased on my analysis: 1. AMAT is at the price support level. 2. Supported by the last candle forming bullish engulfing, that price will rise. 3. Stochastic made golden cross 4. It is expected that AMAT will continue to rise to the level of 61 USD. Syeikh Hafiz Stock Market AnalystLongby syeikhhafiz113
AMAT doughAnalysis done on 25/05/2020 Fundamental → 20 & 40 SMA sloping up → 20MA > 40MA Awaiting buy trigger → CCI <-100 → Low of daily bar touches 20MA or goes below 20MA → Close above 40MA Pull trigger → Buy 1 bid above previous day high → Sell 5 bars later exclusive of initial bar Stop Loss → 50% below price boughtLongby ckling99Updated 6
AMAT: Chip Giant Tries to Clear Bullish TriangleSeveral technology stocks have formed bullish triangles as they consolidate from the last few months’ of volatility. These include Microsoft , Salesforce.com and Mastercard – all playing out to the upside. Today another appears on the list: Semiconductor-equipment firm Applied Materials . AMAT has been trapped below its 200-day simple moving average (SMA) since mid-April. It’s also started making higher lows this month, resulting in an ascending triangle with the potential for a breakout to the upside. The stock is also eclipsing its April highs now. That will likely trigger some alerts for momentum followers. AMAT reported decent earnings on May 14. Given its central role in the chip space, it’s very much a play on semiconductors overall. If you’re a believer in the industry and not too worried about Trump and the Huawei threat, then you might want to check out AMAT as it attempts to clear this triangle.Longby TradeStation9
AMAT call for earningFail to break Res zone, may show strong pullback. After all earning, surprise is thereLongby layaran.kamal3
Buy #AMAT for 59.64 for 1.7R/rUsing Super Algorithm indicator buy Amat for $59.44 1.7R/RLongby Joy_BanglaUpdated 5
$AMAT strong chart for Day or Swing Trading Go !There has been some positive earnings news on AMAT and got some premarket volume on today Friday the 16th. if you look at the daily chart you will see that its respecting the ascending support Trendline (blue). Currently its below the 20 daily EMA it needs to get above it and hold for me to go Long on it. It has open space from the 20 Daily EMA at 47.50 until around 52.50. The market needs to be in favour in order to propel it upwards. Longby swara7kadirUpdated 5
Buy AMAT. SL $56. TP 460.5AMAT in the making of symmetrical triangle. RSI 5 also bouncing on trendline. price will go up to $60.5Longby zainulakramin5
Applied Materials: watching behaviour in the resistence lineAfter the little downtrend from the last days I see a possible entry possition in this stock. But, I will wait a little bit in order to see how it will bahve in the resistence line. What do I mean? If the RSI and Stochastic revert it might indicate that the trend is changing and the price will increase. Besides, the stock is trading quite below the moving average from the bollinger band (important). It is also worth to mention that the stock have had performed quite well during 2019 showing a bullish trend (which has been shown with the orange lines). by lukdesimone1
good report this one for the long runSemi-conductor company Applied Materials makes integrated circuit chips for a wide range of electronics, including TVs, smartphones and flat panel display screens. The $61 billion heavyweight’s robust start to 2020 is a direct continuation of 2019’s stellar performance; last year’s gains of 90% have been boosted by a further 9% year-to-date. As per expectations, AMAT’s latest earnings results delivered a strong quarter and guidance. F1Q20’s revenue of $4.16 billion indicated a quarter-over-quarter increase of 11% and beat the Street’s estimate of $4.11 billion. At $0.98, EPS came in above the high end of the company's $0.87-0.95 guidance and above the Street’s call for $0.93. Looking ahead, galvanized by a continued robust foundry/logic business and the return of some memory spending, AMAT expects to see "strong double-digit" growth in its semiconductor business this year.Longby FinancialEgg6
Applied Materials rises on earnings and Analysts upgrades Entry level after the open dependant on strength with support at $62.40, below this level will invalidate bullish sentiment. Channel target $71.50 - $75.00 Longby Bullishcharts53
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 outLongby MonetaryRebelUpdated 7
AMAT Breakdown 6+tapsAMAT has now touched its supporting trend line over 6times, the support today has been cracked, leading me to believe there is now downside pressure for a breakdown. Its price is also now under all the moving averages and has had increased sell side volume over the past several days. That paired with the SPY and SMH (semiconducter index) showing bearishness on all the daily, weekly, monthly timeframes... this has room to fall.Shortby BBTrader294
Applied Materials breakout trade $amat Entry level $63.25 ( dependent on the open) - Target price $76.16 = Stop loss $61 We either get a doublke top rejection or a major breakout, given the market strenght and storn senbtiment in the sector we believes that the odds are a break to the upside is imminent. Bullish cross of 50 & 100 moving averages. RSI and Momentum in strong uptrend. MACD at breakout level. Needs a day of significant volume to make sustained breakout. Longby Bullishcharts46
$AMAT Rising Channel or Wedge?I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?by jaxdogUpdated 334
AMAT Elliot waveElliot wave, on wave 5, nice entry point while looking for new all time highs. by Bixley7
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