Nick_C_

Daily short setup in Applied Materials, Inc.

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NASDAQ:AMAT   Applied Materials, Inc.
5
AMAT has hit a major LVN, as well as a major pitchfork upper outer band. With the Weekly TAM uptrend price projection being exceeded and expiring in 2 weeks, a sell-stop under the recent pivot low (20.65) with a target of 17.81 could produce a nice short play.
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