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RichSimon

AMAT 19% profit / Long trade 57.86 -> 69.00 / Stop Loss: 55.08

Long
Applied Materials, Inc. (NASDAQ:AMAT)  
RichSimon Updated   
NASDAQ:AMAT   Applied Materials, Inc.
Fibonacci
3
0
fibonacci
Short-term trade idea for AMAT .
Long trade 57.86 -> 69.00 / Stop Loss: 55.08 (use Trailing Stop with 2.79 below the market).
Profit: 19%, Risk: 4.75%, Risk ratio = 1/4 for all our ideas.
Size: no more 5% of the portfolio for all our ideas.

Idea trade based on patterns: Fibonacci 61.8%.

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Trade closed: stop reached
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