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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 230.17-1.4%Nov 7 9:30 AM EST
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To: robert b furman who wrote (25331)2/13/2014 11:06:28 AM
From: Return to Sender2 Recommendations

Recommended By
Kirk ©
The Ox

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Finally a breakout higher for AMAT! I've been collecting my coupons (dividends) since I bought 1000 shares at 20 many years ago. The longer term charts don't show AMAT as being overbought Bob so now is not the time to underestimate how high it might trade if the market does not crater in the meantime.

I just think that most everyone who was willing to sell at the former resistance that was just over 18 have probably let go of their shares. The weak hands have already got out of the way.

Here are the charts I have on AMAT. Only the daily is flashing sell to me:



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