After a correction which lasted for 2 weeks, we have reached a level where Applied is showing strong signs of a bottom.
In the 4 hour charts, we have a confluence of Ichimoku, Volume cluster as well as a FVG zone combined with a major price level -> retest of previous highs.
The stock should show a strong performance from here reaching to 60+ levels (65-68 could be the zone).
STRONG BUY
In the 4 hour charts, we have a confluence of Ichimoku, Volume cluster as well as a FVG zone combined with a major price level -> retest of previous highs.
The stock should show a strong performance from here reaching to 60+ levels (65-68 could be the zone).
STRONG BUY
Trade active
Support line got respectedin today's session so the retrace was a retrace of new ATH line.Some big moves are incoming.Note
Stock is jumping in after hours on the news of a 5.2bn data centre lease.Note
Gap filled of the big move is good for a more sustainable run.Note
Moving towards 60+ mark here.Note
The structure is very valid but it face headwinds from the macro semicon consolidation. Keep long
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.