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For those of you who trade this stock here is some useful information.
Below is a two degree ret. of AMAT with time.
.318=30.09 / 30.5
.5=29 / 29.75
.618=28.29 / 29.21
.786=27.28 / 28.463
1=26 / 27.5
C.I.T. FIB(TD)
7/20
7/23
7/30
TD ( Trade Days)
.5=7/20
.618=7/21
.786=7/22
1=7/23
CD ( Calander Days)
1.618=7/20
2=7/22
2.618=7/23-7/24
This stock has developed a pattern that looks interesting. Back in
April- May AMAT formed a triple top ~$39 then a down fall. From 6/25-
7/16 AMAT has formed another triple top ~$32. It would be interesting
to see if AMAT has another down fall.
Lets see what happens?
Joe Frabosilio
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