May. 20 at 4:17 AM
$AMAT weekly chart still firmly inside the upward trend with strong momentum intact 🚀
After ripping to
$448 post-earnings, this pullback to ~
$407 is holding key rising trendlines + moving averages. No breakdown — just healthy consolidation on the big picture.
AI semiconductor demand remains the tailwind. RSI neutral, higher highs/lows preserved.
This is what a sustained uptrend looks like.