Applied Materials, Inc.
לונג
מעודכן

AMAT, A rising stock! many chances for traders and investors!

288
AMAT made a new ATH yesterday which confirmed completion of a correction and going up to new highs.

AMAT is clearly in up going wave cycles. It offers many chances for both short term traders and long term investors /share holders. How far it goes higher? lets follow the analysis !

As shown on the chart AMAT currently is completing wave v (in circle) of a larger degree wave 3 which probably can push the price up to around 180 USD. Then correction of shown wave 4 will start which can push price back to 130-150 zone. Another actionary wave up to above 200 USD will complete an Elliott wave cycle which means considerable correction start after this cycle completion.

It is worth to note this mentioned complete cycle can be just wave 3 of 3 a two larger degree cycle which means we may see unbelievable targets for AMAT or we may have just an extended wave 5 ! Should it need any update we can do it later.

Wish you huge profits my friend .
הערה
Lower than expectations ER ! Experience says that it may destroy the trend of the stock. For example just look at what happened to ROKU and LOGI after earnings
I prefer to be cautious on this trade , So I close half of my position and set my stop loss to the last low which is 150.27
הערה
Stopped out another half of position. Exited almost breakeven.
העסקה בוטלה באופן ידני

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.