SamSuka
The Long Investor
The Long Investor

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$AMAT - RC -

Very large Megaphone pattern here since its inception in 2015.

Price has jumped from $70 to $209 since the end of 2022 too.

I can also make out 5 very clear impulse waves as shown and I expect the price to continue moving up to the top the trend line again at $225.

I suspect this may be a strong resistance level so I have added in the amber corrective waves for a pull back.

Overall, I very good example of an impulse wave structure.

$AMAT - RC -

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