Short: RSI has reached over bought (around 70) could sell of a little. Stochastics reached over bought and a sell signal. Early sell (might be risky): Price dropped below the SMA 3 (but didnt close below) (possible short) Long: Price might dip a little so buy there. MACD is still looking bullish. SMA 3, 6 ,9 still looking bullish. If price is still above SMA 3 on...
Applied materials is a provider of equipment and services to chip maker’s. Chip are in high demand. Applied had good earning that will likely generate upgrades. $100 by eoy IMO
AMAT is on its fourth consecutive green day, pushing over the upper bollinger band and becoming over bought being above 90 on stochastics. I 'm expecting a pullback back to the original breakout level at the 90 range.
Applied materials belongs to the technology industry, is engaged in the manufacture and marketing of systems and equipment for testing and processing for the semiconductor industry. Looks good for or further upward movement , in the last two months showed strong movement and rose about 50% and also recently received an upgrade, presented a strong financial report...
0. Notes to follow;
AMAT call buy 90 July 16 2021 cmp:88.05 sl:88 4 Dec premium: 960
AMAT oversold to other semiconductors, time to go short or wait for good entrance
Ingenuity Trading Model- Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model...
With a Positive under reaction following its earnings, $AMAT it projected to have a neutral outlook with the PEAD placing the stock in Drift A. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
1) BO Flag 2) BO with Marubozu 3) Volume high 4) Histo green 5) MACD good
Just based on TA with good support with a "why not buy" mode haha. GL guys!
Symmetrical Triangle can go either way Looks like this one chose up Triangles can be best described as horizontal trading patterns. At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows and the point of the triangle is formed. In its simplest form, the triangle...
added to W/L
Added to W/L
Super nice close on the day. It has tested this level a few time and been rejected hard so it needs a clean break on volume. Itwill probably need a pull back and few runs to get through. If it does break the high it has good upside potential.
AMAT is attempting to break above 70 for the 3rd time. Looking for a 5 point move to 75. Stop below 69.