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AIQ_Systems

AMAT topping again with MACD diverging down

Short
Applied Materials, Inc. (NASDAQ:AMAT)  
AIQ_Systems Updated   
NASDAQ:AMAT   Applied Materials, Inc.
Support and Resistance Double Top or Bottom Oscillators Moving Average Convergence / Divergence (MACD) macddivergence Double Top
3
0
supportandresistance doubletoporbottom oscillator macd macddivergence doubletop
As AMAT has been moving away from the triple top the MACD has divergence down, prices look like theya re headed to the 49 level. Picked up osme October 25th weekly options the 49 puts at 32 c.
Comment:
went nowhere we exited at 11c for 68% loss
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