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 farmerjuanUpdated 114
Downtrends Finding Support for the Next Uptrend: AMAT ExampleNASDAQ:AMAT was over-speculated in 2023 and then had a top formation that trended down starting in July 2024. This is still considered technically to be an intermediate-term trend correction. The selling started at an all-time high. HFTs are constantly in the mix, selling down. However, the shift of sentiment has started and there are gaps up recently. It is NOT in a buyback mode but the stock is finding support from the 2021 highs, which is strong support. This should provide the basis for the beginning of a bottom formation.by MarthaStokesCMT-TechniTrader110
AMAT bullish breakoutAMAT is has just borken a long term bearish trend and it looks like its on its way to recovery This breakout can be a fakeout so lets wait till it breaks above 200 EMA and that will be confirmation of the reversal Check on Daily and Weekly Entry at 200 + would be great as it will confirm the recovery 210+ will confirm the golden pocket as well Stop loss @175 is good Longby vortexTradingSolutions0
Applied Materials Inc. Technical and Fundamental Aspects.Applied Materials, Inc. is an American corporation that supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. The company also supplies equipment to produce coatings for flexible electronics, packaging and other applications. U.S. chip stocks rise on Thursday, January 16th, after Taiwan Semiconductor Manufacturing Co NYSE:TSM , the world's largest contract chipmaker, reported record quarterly profit today. In technical terms, Applied Materials stock was not among hyped and scorching-hot Trump-a-Rally assets in November, 2024. However the most important thing is that in December, 2024 AMAT stocks has been supported by 100-week SMA and now is forming breakthrough of descending top/ flat bottom technical figure, trying to print the biggest over past twelve months 4-weeks upside swing. In fundamental terms, Applied Materials NASDAQ:AMAT is presently being traded at a Forward P/E ratio of 22.12. This signifies a discount in comparison to the average Forward P/E of more than 25 for Semiconductors industry peers. Another Semiconductors industry peers are being trading as follow - a Forward P/E ratio for Nvidia Corp NASDAQ:NVDA is presently 53.30; for Taiwan Semiconductor Manufacturing NYSE:TSM is 34.92; for Broadcom Inc NASDAQ:AVGO is 191.80; for Asml Holding NV NASDAQ:ASML is 40.08; and for Advanced Micro Devices Inc NASDAQ:AMD is 106.63. The main technical graph for Applied Materials Inc. NASDAQ:AMAT indicates on a forming breakthrough of descending top/ flat bottom technical figure. The nearest upside target is considered by our team as a 6-month highs near $ 215 a share, and the far target is considered as a Double Top technical figure around $ 250 a share, that can be achieved over next 6 months. Longby PandorraUpdated 1
AMAT volume gap fill to 185AMAT volume gap fill to 185, there is no volume till 185 and that should fill. also at 185 there is a POC for volume profile which is is critical resistance. Longby sk2011010
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 mrezaei110
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
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 221
$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 $190, with a stop loss below $170. Your target is a new high above $255. Good luck to everyone! by 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 stabilize and make a higher monthly low relative to August and September. That could mean buyers were active. Next, prices are still near the bottom of the range. Does that provide opportunities for favorable entries? Third, the bounces are occurring slightly above AMAT’s previous record from 2022. That may suggest new support has been established above old resistance. The rising 200-day simple moving average may further reflect a longer-term uptrend. Finally, stochastics are rebounding from an oversold condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by 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
AMAT - Applied Materials, Inc.Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display and related industries. It operates through the following segments: Semiconductor Systems, Applied Global Services, and Display & Adjacent Markets. The Semiconductor Systems segment includes semiconductor capital equipment for etch, rapid thermal processing, deposition, chemical mechanical planarization, metrology and inspection, wafer packaging, and ion implantation. The Applied Global Services segment provides solutions to optimize equipment, performance, and productivity. The Display & Adjacent Markets segment offers products for manufacturing liquid crystal displays, organic light-emitting diodes, equipment upgrades, and other display technologies for TVs, monitors, laptops, personal computers, smart phones, and other consumer-oriented devices. The company was founded on November 10, 1967 and is headquartered in Santa Clara, CA.Longby Esmail_from_Kuwait2
AMAT MACD histogram about to cross upAMAT also has a RSI divergence. The tech sector is making a comeback and AMAT has the potential to rally even more.Longby Leinad11240
Applied Materials Inc. | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Neutralby TradePolitics0
AMAT Applied Materials Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AMAT Applied Materials prior to the earnings report this week, I would consider purchasing the 195usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $15.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 113
AMAT is BearishPrice was in a strong uptrend, however a bearish divergence appeared on the daily time frame, and now seems to be playing out too. Previous higher low is broken a lower low is printed instead, now price will move up a bit to define a lower high before journeying downwards again as per Dow theory. Targets are mentioned on the chart. Shortby Fahad-Rafique3
AMAT upmove possible . US Stock gap fill complete 215 can try long entry in next few days 216/218.50/221/225 can testLongby Equity_Research_Analyst-021
Important range to stay in If it slips below 200, there is still solid support to revive it, but it is likely to see some sign of a reversal.Longby themoneyman800
AMAT breakout possible in ATH ATH breakout possible , if sustain 260/280 can test soonLongby Equity_Research_Analyst-02112
correction to 220 With other areas key the support level is at mid 200, I am targeting this area to see if it holds, or continues to follow the strength of the current bearish pattern.by themoneyman803