A level to watch and think about on AMAT. I am surprised AMAT made it this high, but I am quite confident it makes it no higher. I expect stocks to fall on CPI, I think semis will fall especially. Even if they don't, I'd watch this level on AMAT; I'm not sure it revisits it- I think the top is in. Make of it what you will. This is as good as it gets; I think...
Applied Materials has recently bounced along with other technology stocks. But some trend followers may look for it to roll over.
The first pattern on today’s chart is the line running along the highs of January and August. The chip-equipment stock is approaching that potential resistance area. Will it roll over again?
The most recent price action may have...
Hey, I think AMAT drops, and significantly so; this will make new lows. I'm not shorting yet, but I'm posting my idea ahead of time. I WILL short this when SPY hits $390
Hey all, as of Friday, I've been very bullish and net long. I sized up my long bet by buying AMAT here. I think everything has room up, especially AMAT as it is up negligibly on a very strong day. Predicted move, soft SL, and pt's drawn out. I think this name actually gets higher than my drawn out move.
This flat support has been pretty strong. However although the bulls have a chance to create a nice double bottom, the daily candles are creating more of a Barash flag Currently we are breaking the support and what we want to see is a daily candle close below in flipped to the hourly chart And look for a WIC back test or a nice back test rejection that we can get...
The PEAD projected a Neutral outlook for $AMAT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 83.33%.
Hey all, I'm currently up negligibly on my AMAT short. Along with SMH, I've been short on this name for the longest period of time out of any of the positions in my portfolio- I filled short when this thing hit 108 for the first time on the rally it is seeing. That being said, this is about as incredible a short setup as I've ever seen. I firmly believe this...
Hey all, I've been calling for a rally these last few weeks, and the rally has occurred. I am now looking to enter short with heavy size tomorrow, 7/29. AMAT is one of my favorite shorts- it has made a very clean Wyckoff distribution at the top, and has virtually no support until $70. I am incredibly bearish on semiconductors here, and AMAT is my favorite of the...
Long term chart here, logarithmically scaled to account for the long time span. As you can see, it's at the top of the channel and after the horrific week it just had I think that's the catalyst for a trip back down in the channel. It just broke below the 50 SMA. Top of channel + 20% down week + 50 SMA breach + macro market headwinds = down.
Price is below the neckline.
It is often a good idea to wait for at least one retest of the neckline to be sure it formed resistance.
The neckline is strong support before it is broken.
No recommendation.
Short is low at 1.28%/Ratio is 1.3
Earnings 8-18
AMAT has formed a large cup structure above the dominant Up trend in green
From this cup we can assume a handle will follow
Price once finished this formation acts bullishly and will continue upwards above the green trend line
Smoke cigarettes
Cancer in the chest like cardiac arrest
I've been feeling stressed, tryna find ways to impress her
Showin' her that I love her, tryna show her a effort
Gotta keep it together
I don't wan' be lonely no more
I don't wan' be lonely no more
She picks my heart off of the floor
I'm addicted, yeah, I need me some more
I don't wan' be lonely no more
I...
The PEAD projected a Neutral outlook for $AMAT after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF $AMAT breaches yesterday's low of $111.86 during today's session.
