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Politics : Idea Of The Day

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To: Judy who wrote (23094)1/30/1999 5:29:00 PM
From: Judy  Read Replies (1) of 50167
 
AMAT ...

AMAT has launched into its run before earnings and forward guidance for the following quarters. Technical resistance at 64-65, first target 68 and second target 75. Might be prudent to trail with a loose stop gain if the stock falters at resistance.

Forward guidance, the next book to bill, and the overall market context will determine AMAT's trading range thereafter. Supports at 57 then at 50ish.
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