TradingView
Yamit2000
Jan 4, 2021 1:31 PM

It's just a matter of time - AMAT for a long play Long

Applied Materials, Inc.NASDAQ

Description

Applied materials belongs to the technology industry, is engaged in the manufacture and marketing of systems and equipment for testing and processing for the semiconductor industry. Looks good for or further upward movement , in the last two months showed strong movement and rose about 50% and also recently received an upgrade, presented a strong financial report in the fourth quarter with revenues rising by 25.1% to 4.69 billion and expecting continued growth for 2021.
Technically,
⚡️ The RSI isn’t in over-buying area, which indicates a place for upward movement,
⚡️ moving averages support the said direction - now trades above the moving average 20.
⚡️ As for bollinger bands - it trades in the baseline area so that there is room for upward movement.
⚡️ Attention: MACD is still bearish and presents an uncertain picture - this should be taken into account..
It may continue to trade in the range of 83-88 before breaking the aforementioned level, trading entry of trades should be monitored alongside a windfall from the market.
Earnings: on February 18
All of the above at your discretion, trading rules accepted by you, trading strategies and transaction management under your preferences.


Comments
fract
This is just perfect!
Yamit2000
@fract, thanks!!
Yamit2000
@fract, I agree 😊
UZI_COHEN
woww :)
UZI_COHEN
@UZI_COHEN, Well done
Professional_Crypto_Analytics
thanx !
Very helpful !
UnknownUnicorn13514545
Hello,

I tried to message you MOD through the message option but it was not delivering. 4 of my previous posts were hidden now , can you explain what rule i violated ? Am a Pro member .Just let me know the mistakes and i will clear it ,so please unhide my posts. Awaiting your reply asap
fract
Good
More