$AMAT - Potential upper range breakout

18 באוק׳ 2013

AMAT gapped up above $17 on news of an acquisition. The gap has held above $17.20, and now the stock is consolidating in the upper range above $17.73. Look for a potential breakout above $18.10. I'm accumulating options in that range for the breakout. Also, holding 8-day nicely.