AMAT - Applied Materials, Inc

Legged in long Tuesday, 6/19/2018 at $48.395.
The updated $1-box by 3-box-reversal point & figure upside objective is $114

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Applied Materials has been lagging semiconductor index funds. Analysts are concerned about the company because of the oversupply of NAND and DRAM chips. However, the company beat earnings estimates in each of the past four quarters.

 

Unfortunately, they guided lower however. We'll see.

 

What do you think of this stock now? Looks like the low is in at 30 and we have 3 months up.

 

I hope 40$ level acts like a man ... like a a suport, I mean ...
Specially because Im in ...

 

Doing pretty well today AMAT.

 

I think AMAT is on the spot of a bigger move. Check weekly chart.

 

Applied Materials are trading higher after Bernstein initiated coverage on the stock with an Outperform rating and a price target of $160 per share.

Mar 31, 2021 7:37a ET