FluxTrades

$AMAT - Caught at the Supply Zone

Long
NASDAQ:AMAT   Applied Materials, Inc.
$AMAT has been trading within this channel for nearly the past year before breaking out to the upside.

It's since come back to retest it's upper resistance, which should now act as support. Given that it holds, we should have a wonderful long entry into a potential 15 point trade!

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