lukasztrader

AMAT uptrend in progress

Long
NASDAQ:AMAT   Applied Materials, Inc.
This is one of our favourite stocks. Most Dynamic Traders have multiple positions, whic are in good profit. I have been buying into AMAT since summer last year and it paid off quite well, although I could have chosen a more aggressive compounding method. Nevertheless, price is currently dealing above $40 and triggered me into another position. I am looking to add further once we see more strength towards $50 and ideally beyond.

I am not going to chase the market but rather wait patiently for another signal. Nothing more can be done.
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