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AMAT inverse H&S

Long
Applied Materials, Inc. (NASDAQ:AMAT)  
ositrades Updated   
NASDAQ:AMAT   Applied Materials, Inc.
Chart Patterns
1
0
chartpattern
Looks like a successful break of inverse H&S neckline. Target of $151.

DYOR and trade at own risk
Trade active:
We successfully re-tested the neckline. This is pretty much ON!
Comment:
This is running almost point perfect so far. It is also perfectly supported by a trend reversal on the weekly, from that neckline of the H&S. So as long as that weekly trend does not reverse, this trade is on the money.
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