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Chart of the Day: AMAT Upgrade After Downtrend

Chart of the Day: AMAT Upgrade After Downtrend

Schwab Network · Schwab Network

March 28, 20254m 50s

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Show Notes

Following an analyst upgrade for Applied Materials (AMAT), Rachel Dashiell joins Caroline Woods for a technical glimpse at the chart. On the 1-year timeline, Rachel sees a "strong, clear-cut downtrend" with a retracement of over 40%. On the longer-term, she points to a 4-year support zone that shares are currently within.


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