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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jan Crawley who wrote (13318)7/31/2001 2:44:17 PM
From: Paul Shread  Read Replies (2) of 52237
 
Just a quick glance, mind you, but AMAT looks like it could be forming an inverse H&S this month and is bumping up against the neckline and the 200 DMA here, but that right shoulder also has bearish wedge/pennant tendencies. Also might have been a symmetrical triangle that broke up a few days ago. Sorry. Can't get a clear read on that one. Doesn't look bad, but with the SOX overbought, a pullback might seem like the best bet.
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