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kgiap123
Jan 4, 2018 5:38 AM

AMAT is breaking out from ABCD triangle..  Long

Applied Materials, Inc.NASDAQ

Description

AMAT seems like rebounding.
+Breakout from Triangle pattern.
+Price break and move above EMA20 & EMA50
-But volume is not significant
+ Buy signal appears on Bollinger Band
+ Force index turned +ve - Bull gaining momentum
+ Oscillator suggest selling is overdone (oversold)

Suggest partial buy.

Trade closed: target reached

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