Mausty

Amat Cup n Handle

Long
Mausty Updated   
NASDAQ:AMAT   Applied Materials, Inc.
Amat has been on a tear since earning. I think we will see a small sell off as we approach the 9 sell on the daily, we should test the 100 EMA and then start the accent all while forming a nice clean handle that should lead to a breakout!
Comment:
Amat didn't sell off as much as i thought, but the result was as i expected. Enjoy the breakout, i'm looking for a $72 price target for this trade.

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