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adamkhoosk

AMAT VCP SETUP

Long
Applied Materials, Inc. (NASDAQ:AMAT)  
adamkhoosk  
NASDAQ:AMAT   Applied Materials, Inc.
Trend Analysis Chart Patterns Technical Indicators VCP
5
1
trendanalysis chartpattern indicator vcp
AMAT observed to have VCP setup with below contraction:

C1: -21%
C2: -11%
C3: -4%

2 Aug Gap up and breakout the 2nd contraction. Can the breakout sustain? Let's see.

Disclaimer:
Just a sharing on the technical analysis. Trade at your own risk.

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