Sep. 7 at 8:50 PM
$AMAT | Applied Materials, Inc. (Semiconductors / Wafer Fab Equipment 💻⚡️)
$AMAT is coiling tightly near the apex of a massive 1W weekly bull flag / symmetrical wedge around
$451.95, holding pristine support along its primary ascending trendline. Institutional buyers flooded the tape with an aggressive opening sweep, dropping
$328K into 09/11/2026
$460 Calls at the
$8.20 Ask (400 size vs 142 OI, requiring just a +1.78% move to strike). Clearing
$460.00 confirms the macro flag breakout for a liquidity squeeze back toward the
$728.44 high.
Key Technical Levels:
• Confirmation Trigger:
$460.00 🚀
• Pivot Support:
$435.00 🐂
• Overhead Target 1:
$546.00 🎯
• Overhead Target 2:
$728.44 💰
• Downside Risk Level:
$291.58 🐻
• Stop Loss:
$428.00 🔴
Options Flow Breakdown:
• Contract: 09/11/2026
$460 Call (BUY Ask Sweep | 1,562 Vol vs 142 OI |
$328K Premium)
• Required Implied Move to Strike: +1.78% move from
$451.95 spot to
$460 strike
#swingtrading #hovdid
