Buying the dip is what have been working for us in this market.
AMAT - Applied Materials Inc Common
Applied Materials is the world's largest maker of semiconductor manufacturing equipment - the deposition, etch and inspection systems chip fabs use to build transistors on silicon wafers.
Entry limit: $425.31 - Exit: sell 9/9/26 at open
Last close $438.46 (-0.8%) - volume 6.2M (20-day average 7.3M) - 52-week range $155.39 to $722.23 (-39% off the high) - ATR (14 days) $20.48
Mean Reversion. The most-watched names in the market get defended. This sleeve owns two doors into that bounce: a violent one-day hit inside a healthy longer-term uptrend, and a deep morning markdown on an already washed-out household name. Either way we are the standing buyer into the fear, out within days.
