Applied Materials, Inc. (AMAT) — Bullish Continuation Setup🏢 Company Snapshot
Applied Materials is a global leader in semiconductor manufacturing equipment, providing critical tools used in:
Advanced logic chips
Memory (DRAM & NAND)
Foundry and AI-driven chip production
The company sits at the center of the semiconductor supply chain, benefiting from:
AI infrastructure expansion
Advanced node transitions
Long-term global chip demand
This is not a speculative name — it’s a core industry compounder.
📌 Trade Bias: BULLISH (Trend Continuation)
Applied Materials remains one of the strongest semiconductor equipment leaders, trading in a clear higher-high / higher-low structure on both the daily and weekly charts. Price is holding above key volume acceptance zones and VWAP, indicating continued institutional participation rather than late-stage distribution.
📊 Technical Overview
Strong weekly uptrend with clean structure
Price holding above prior breakout value
Volume Profile shows acceptance above previous resistance
No major overhead supply on the higher timeframe
Pullbacks remain shallow and controlled → trend strength intact
This is a buy-the-dip environment, not a chase.
🎯 Trade Plan (Swing / Positional)
✅ Buy Zone
$330 – $345
Pullback into prior value area
Near VWAP / demand zone
Best risk-to-reward area
🎯 Targets
Target 1: $380
Target 2: $405
Extended Target: $430 (trend continuation scenario)
🛑 Stop Loss
Below $300 (daily close basis)
Loss of value acceptance
Breakdown of higher-low structure
📈 Risk–Reward
Risk: ~8–10%
Upside potential: 18–25%
High-confidence upside: 12–15%
Well-aligned for institutional-style swing trades.
