NickCoulby
Short

Daily short setup in Applied Materials, Inc.

NASDAQ:AMAT   APPLIED MATERIALS INC
50 0 5
AMAT             has hit a major LVN             , as well as a major pitchfork upper outer band. With the Weekly TAM uptrend price projection being exceeded and expiring in 2 weeks, a sell-stop under the recent pivot low (20.65) with a target of 17.81 could produce a nice short play.
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