jaxdog

$AMAT Rising Channel or Wedge?

jaxdog Uppdaterad   
NASDAQ:AMAT   Applied Materials, Inc.
I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?
Handel aktiv:
I forget to post, I went long on 1/2 @ $62 and have a stop at $60. My 1st target is only $64 so 1/1 risk/reward. However, I think this will continue to follow this nice channel for awhile.
Kommentera:
1/2 is Jan 2

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.