Applied Materials breakout trade $amat

Entry level $63.25 ( dependent on the open) - Target price $76.16 = Stop loss $61
We either get a doublke top rejection or a major breakout, given the market strenght and
storn senbtiment in the sector we believes that the odds are a break to the upside is imminent.
Bullish cross of 50 & 100 moving averages.
RSI and Momentum in strong uptrend.
MACD at breakout level.
Needs a day of significant volume to make sustained breakout.
Daily Chart Analysis on NYSE & NASDAQ-listed Companies:

1) Sign Up for our Free Email Newsletter @ http://www.BullishCharts.com

2) Follow our Telegram Channel @ https://t.me/BullishCharts

3) Join our LIVE CHAT on Discord @ https://invite.gg/bullishcharts


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out