After hitting a high of 206.77 on 16 Feb, traders have been taking profits off AMAT. DeepCap AI is still recommending it. It has stellar fundamentals, ticks off all the technical filters, and has a high probability of continuing to outperform the S&P index. The support level of around 187.00 might be a entry point, and the target price of about 214.00 might be a suitable level to take (some) profits off.
Wait on AMAT
21 Feb, 2024 | Analysis