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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (50413)	12/17/2010 8:45:56 PM
From: Gottfried	1 Recommendation Respond to of 95383

Applied Materials (AMAT) was the beneficiary of a Barclay's upgrade this morning and an upwardly revised target price to 17 from 12, which is having a positive impact on the stock price. An upgrade to an already powerful chart picture and technical set-up aligns the fundamentals and the technicals, in this case both bullish. AMAT is heading next for a confrontation with its 2010 resistance line, now at 13.78, which if hurdled should trigger upside continuation to test 14.00/10. mptrader.com finance.yahoo.com