Based on my analysis:
1. AMAT formed rising wedge's chart pattern (August 20).
2. Breakout with volume above average.
3. Stochastic formed a downward crossing indicating the price will continue downwards
4. Now, AMAT has reached the price target (1) 61.40 USD, & will go towards the price target (2) 60.40 USD.
Syeikh Hafiz
Stock Market Analyst
1. AMAT formed rising wedge's chart pattern (August 20).
2. Breakout with volume above average.
3. Stochastic formed a downward crossing indicating the price will continue downwards
4. Now, AMAT has reached the price target (1) 61.40 USD, & will go towards the price target (2) 60.40 USD.
Syeikh Hafiz
Stock Market Analyst