Rykin_Capital

Zooming on Applied Materials. AMAT

Long
NASDAQ:AMAT   Applied Materials, Inc.
Going strong on this upgoing zigzag, and it looks like just a little bit more to go to hit our sole (just one) taget here. Never squeeze, rush or get greedy with the market. It is a beast with a mind of its own, and can be more cruel and unforgiving than any human opponent. This entity has no remorse, reason and it does not forgive impatience. Stay safe.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Trade closed manually:
18/1

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