Applied Materials sits at 379.5 after an earnings reaction that looks disconnected from the underlying print. AI hardware demand continues to drive wafer fab equipment expansion, making this post-earnings pause an interesting spot for upside continuation.
Here are the markers from the CrowdWisdomTrading community:
• First upside area sits at 389.5
• Secondary upside target sits at 398.5
• Near-term support check rests at 372.5
A break below 364 invalidates the bullish thesis entirely, pointing to a much deeper reset instead.
$AMAT #Semiconductors
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.
Here are the markers from the CrowdWisdomTrading community:
• First upside area sits at 389.5
• Secondary upside target sits at 398.5
• Near-term support check rests at 372.5
A break below 364 invalidates the bullish thesis entirely, pointing to a much deeper reset instead.
$AMAT #Semiconductors
Educational research, not personal advice. You place the trade. Not a trading instruction. DYOR.