Stock To Buy On Monday & Earning Reports To Watch ( AMAT,THQ,GIGM ) Giga Media , Applied Materials
Posted on March 14, 2010 at 16:29 PM EDT
Applied Materials (AMAT: 12.36 -0.05 -0.40%) - Above is a daily chart of the AMAT showing a breakout failure and the subsequent fall back into the base. It looks like it is gonna squeeze some shorts to me. The technical chart shows the stock is currently in the rally as %K line is rising on top of %D line, indicate buy signal. Shareholders may remain invested with a stop- loss at $12.27. Watch for the move out of either side of the triangle. [More...]
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