AMAT is just below the daily Balance Line, and just above the weekly Balance Line.
Price crossed a couple days ago the last daily fractal and tested the Balance Line and failed to cross it. This presents a good entry opportinuty.
The weekly presents good accumulated energy to be used in a down move.
Stop loss is price closing above the Balance Line (red). Target is whenever the trend ends, which is also signaled by price closing above the Balance Line.