Applied Material: relapse on $78, breakout of $81.5


(CercleFinance.com) – Bad day for semiconductor manufacturers (US anti-Chinese sanctions, restrictions on exports of ultra-thin Applied Material chips) AMD which relapses to $78 and seems to validate the breakout of the major support at 82/81 $5 for July 5 and September 30.
Big risk of slippage towards the ex-zenith of $67.6 on 02/20/2020 and 08/14/2020 then the ‘gap’ of $65.19 on 11/4/2020 then that of 60 ,47E of 2/11/2020.

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