APPLIED MATERIALS Long... one for the stock watchers
AMAT, the world's largest semiconductor equipment manufacturer, poised for a breakout from a clearly defined right-angled triangle.
Excellent risk to reward trade.
With semiconductor sales on fire, AMAT essentially builds the engines that drive the industry.
Excellent risk to reward trade.
With semiconductor sales on fire, AMAT essentially builds the engines that drive the industry.
Comment:
Bull trap sprung... will wait for a secondary breakout, which are normally more explosive as the weak bulls are shaken out... let's see...
Comment:
Here we go again... explosive secondary breakout indeed. let's see if we get follow-through.