Analyzing the options chain and the chart patterns of AMAT Applied Materials prior to the earnings report this week,
I would consider purchasing the 130usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $6.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
$AMAT dipped -2.45% ($139.54) from last night’s session where major averages pulled back from record highs to close in negative territory during regular trading. $AMAT have established its all time high during the week’s opening at $146 level.
The correction in $AMAT coincide with its price action currently resisted at its upper trendline resistance. At the...
Based on Technical Analysis, the idea is to go long as per major trend - watch out the possible price set back before starting a new rally.
Applied Materials (AMAT) – Applied Materials reported adjusted quarterly earnings of $1.06 per share, 11 cents above estimates, while the maker of semiconductor manufacturing equipment also saw revenue beat Wall Street...
AMAT has effectively broken out and re-entered it's upward rising channel.
Current target is ~$100 (a 1.618 fib extension from that last downward correction April2018-Jan2019), but that could take until year end.
Elliott Wave pattern is screaming to me that this is a 5 of a 5, so watch out near that $100 target and get your sell limit orders placed...
I had posted this to my personal page.
I had seen this double pattern happen a few times going back.
I ended up missing the bottom by a bit but feel I still got in at a good spot.
(*Note this was my first ever stock purchase)
Since the run up has happened quicker than expected I am not sure what to think.
It would seem another small correction is coming like in...
Applied Materials Ins (NASDAQ: AMAT) is giving signs for Loss Of Buyer's Momentum at the top as per TTC Breakdown Formation . The 54.50 Zone is very critical for now to hold the breakdown. If price manages to sustain below this Critical TTC Zone , we can see buyers losing control to the sellers in the markets.
For Short-term targets, Trader should eye on ...
Applied Materials, Inc. has been dropping suddenly when the positive vortex indicator (discussed below) reaches its current level. This pattern has occurred seven times dating back to December 2015. It could be coincidence and/or it could be a great opportunity to haul in large gains with put options.
The positive vortex indicator (VI) is at 1.2955 and the...
