(CercleFinance.com) – Applied Material falls again upon contact with $200 and thus erases all its gains since March 18 (4 weeks).
The stock could threaten the support of $198.5 from March 15 over the next few hours, which could lead to a real trend reversal and a consolidation scenario towards the ‘gap’ of $190.37 from February 21. then another ‘gap’ located at $182.18 (dating 02/16).
It will then remain to fill the very important ‘gap’ of $175 on February 8 (which coincides with the ‘peak’ of January 24).
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