My favorite of the "classics" as I'd like to call it. Put that top line wherever you want, but its the bottom line that matters.
Based on my analysis: 1. AMAT formed rising wedge's chart pattern (August 20). 2. Breakout with volume above average. 3. Stochastic formed a downward crossing indicating the price will continue downwards 4. Now, AMAT has reached the price target (1) 61.40 USD, & will go towards the price target (2) 60.40 USD. Syeikh Hafiz Stock Market Analyst
Applied Materials ( NASDAQ:AMAT ) has an interesting chart in that it tends to pull back below the 21 EMA on the daily chart. I tried to identify a clear area of support for each pullback, but it seems arbitrary. You can see the Keltner Channel falls just short of where the stock reverses the second time and the most recent pullback is actually pulling back to the...
Clear uptrend on NASDAQ:AMAT within health retracement session. We shall see bullish price action above point of control to signal an entry. Trade not significant if price move to low transaction zone (which is below 50MA in this chart), indicating weakening of bullishness.
Easy, quick and guaranteed are the qualities that characterized the most this stock market. Practically talking, we should enter the stock market with a buying position and leave though a selling one. It's really easy to decide. The suitable time to realize each action is shown in the chart. traders who are concerned: write in commments.
Closeup 69.00 1 target 73.00 Closeup 73.00 2 target 78.00
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...
Applied Materials 1 Hour Chart Buy & Hold A Profit & Solutions Strategy
By no means a certainty but expectations are for a beat on earnings but much depends on commentary and guidance. While most have popped on earnings, XLNX &WDC for example have failed to impress. Safer to wait for earnings and trade the breakout rather than carry risk into the event. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Potential long above $68.00 Upside breakout target $75.00 Stop loss $66.00
On Thursday, Applied Materials (AMAT), the global leader in materials engineering solutions for the semiconductor industry, is expected to post 3Q EPS of $0.94 compared to $0.74 last year on sales of $4.2B vs $3.6B a year ago. The stock has an expected move of 5.2% and dropped 4.4% after the last earnings release. The stock has 22 buys, 5 holds and 0 sell...
Nice little "red to green" day on Friday Price found support just above EMA50 and 23.6FibR ( move from Dec 18 lows) Volume on Friday was double the 20MA VolAvg Target 62s and then 64s
Earnings estimated to be on 8-13 AMC Targets 81.9 89.5 95 Stop under handle Low I own this but I do not recommend it. Small rising wedge but has dipped past the bottom trendline of the rising wedge at 58 to 59(ish) Beware as it has just barely pierced bottom trend line 6 trading days ago. Was saved by handle low The Handle Low can provide support. But...