AMAT trade ideas
4/17/22 AMATApplied Materials, Inc. ( NASDAQ:AMAT )
Sector: Producer Manufacturing (Industrial Machinery)
Market Capitalization: 100.142B
Current Price: $113.36
Breakdown price: $114.50
Sell Zone (Top/Bottom Range): $125.60-$136.95
Price Target: $97.20-$94.80 (4th)
Estimated Duration to Target: 40-44d (4th)
Contract of Interest: $AMAT 5/20/22 110p
Trade price as of publish date: $4.95/contract
Short Idea: $AMAT1) I expect a momentaneous recovery in the week. Why? The stock market never goes directly to 0, the price always fluctuates and moves in waves (ups and downs), but the overall trend prevails. Also, sellers will take profits on the way down, causing a small recovery. That being said, I will start adding 15% of my total capital for this trade (Risk Management).
2) Once the stock resumes the trend I will add 25% at the breakout of the first trade.
3) 3% down since 2), I will add 40% as the trend, once again, is confirmed.
4) Last but not least, I will add the last 20% after a 4% drop since 2) happened.
Average price around $115, take profit $91, total profit 21%.
All ideas are welcome! Thanks for your time!
Applied Materials looking bearish. AMATImmediate targets 124, 112. Invalidation 195.
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 purple 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
AMAT Big resistance above, earnings upcomingLooks bad on Daily, Downtrending RSI, peaked Accumulation, negative 21 day slope, piled on shorts. Much resistance above. Earnings up shortly. It is a good stock, it sits right on an upward sloping 52 week Exponential moving average, so I will buy one day. Now is not the time.
Zooming on Applied Materials. AMATGoing 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!
Go to the ATH!After the fall of the index, the stock started to make a good convergence. I'm waiting for a renewal of the high. Upside +10%.
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1/16/22 AMATApplied Materials, Inc. ( NASDAQ:AMAT )
Sector: Producer Manufacturing (Industrial Machinery)
Market Capitalization: 148.382B
Current Price: $167.00
Breakout price: $167.00
Buy Zone (Top/Bottom Range): $158.80-$152.40
Price Target: $196.20-$199.40 (3rd)
Estimated Duration to Target: 146-150d (3rd)
Contract of Interest: $AMAT 6/17/22 210c
Trade price as of publish date: $4.35/contract