Nothing special here but AMAT is struggling the fifth day with the current level.
Of course this may be a consolidation level. Therefore a bet on an upward correction must be combined with a tight stop.
The U.S. Department of Commerce announced Tuesday that it plans to prevent the sale of more advanced artificial intelligence chips to China in the coming weeks. The U.S. government says the new rules are intended to close loopholes that popped up after last year's restrictions on AI chip exports went into effect.
If the U.S. restricts or closes the leeway that...
According to the Butterfly pattern, the Fibo perfectly converges the decline to the target of $ 60. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by May 2024, there will be a great point for going to long.
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...
NASDAQ:AMAT - A great company with a great future.
The weekly chart suggest a measured move at play to $167.xx and change.
The move coincides with a Double Top as well. So a question remains - are we there yet? Well time will tell!
When price clears: Safest: 132.06 Riskier: 128.32
With average daily volume.
Target: 140.50 area
Stop: Depending on your risk tolerance; 124.28 gets you 3/1 Risk/Reward from 128.32, 129.25 gets you 3/1 Risk/Reward from 132.06.
This trade idea is not trade advice. This swing trade idea is strictly based on my ideas and technical analysis. No due diligence or...
The PEAD projected a neutral outlook for NASDAQ:AMAT after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 85.71%.
I'm interested because of the potential AI and Nanotechnology aspects. It provides chip manufacturing equipment and more services. Looking at the set up, I see multiple moving avg set to cross the weekly spike level
This one has been a sweet trade for me. I didn’t get to post about it. Howver curently we are on a breakout of an uptrend channel. We are in a smaller correction 138 is big support of this potential smaller flagging considlation. If 138 breaks down I’d be buying the dip arpund 136 as a beck test of the channel breakout. If we pop 143 and hold as support then...
Entry: when price clears 138.80
Volume: with daily volume greater than 7.76M
Target: 149 area
Stop: Depending on your risk tolerance; 135.41 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
This is a once in a lifetime opportunity to buy Applied Materials, a wide moat semiconductor industry stock which is undervalued. The stock is now ready for a massive breakout!
After successful GOOG and CRM buy, my eyes are on AMAT stock- Applied Materials INC. Company operating in Technology sector. Stock price is currently consolidating in a $110.16 to $125.65 price range, forming a valid price Box. Box in price stock has become well known from Nicholas Darvas epic book called "How I made $2.000.000 in the stock market".
Things to...
AMAT signaled a trend reversal with the shoulder-head pattern formed at the bottom. the neckline broke above the one-year exponential average and a rectangle pattern is forming above it. 33% growth can be expected by sticking to our 4.13 stop level.
