AMAT Consolidation break

17 มิ.ย.

I like AMAT for calls at 235 if it pulls back and holds with the anticipation of a 237.90 breakout. It has failed this level for three days, and if/when it does break AMAT should see a nice move up.

My favorite scenario is a premarket gap over 237.90. This allows an entry with little resistance and a sign of strength.

Risking $1 here for potential $5-10 move.

I have multi time frame confluence on this trade and I like what I see from a candle perspective on the daily time chart.

17 มิ.ย.

บันทึกช่วยจำ

A gap above the level will require some sort of pullback entry to ensure I can manage my risk properly.

17 มิ.ย.

การซื้อขายยังคงดำเนินอยู่

great trade! Still holding strong