RedHotStocks

$69 Target for Applied Materials.

Long
NASDAQ:AMAT   Applied Materials, Inc.
Entry level above all time high. $61.50.
Target price below Fib Expansion 1.272 $69.00.
Stop loss below breakout level $59.50.
The stock is getting overbought but has huge momentum behind it, great earnings and guidance add furl to the rally.
Don't be greedy thought and be aware big winners drop hard.

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