Shared by
MichaelBLe
Tags:
6:35PM
Took this position with a few seconds left in the trading day. A 10% position to start this one off. Wanted to see the stock close near HOD. Today's volume isn't much to go crazy over but I like the overall market conditions for the tech sector. A nice cup and handle right below the important 142 area. It looks to potentially be gearing up to break through the handle portion of the cup.
There are a few things that I like about this name.
Fundamentally, you can see earnings and sales growth increasing quarter after quarter. The largest increase of sales growth coming from Q1.
This sector is 49/197 in strength.
RS is at 93 which is good.
6/15
7:28AM
Took this position off. AMAT seems to be reversing a little bit off the trendline. I'm seeing a lot of my watchlist red right now. Will wait for better conditions.
Execution detail:
| Date/time | Symbol | Qty | Price | Position |
|---|---|---|---|---|
| 2021-06-14 15:59:38 | AMAT | 36 | $138.889 | 36 |
| 2021-06-15 09:39:22 | AMAT | 36 | $139.489 | 72 |
| 2021-06-15 09:41:58 | AMAT | 25 | $140.000 | 97 |
| 2021-06-15 09:42:26 | AMAT | 15 | $140.209 | 112 |
| 2021-06-15 10:23:56 | AMAT | -112 | $138.800 | 0 |
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