OnlyFibs
Oct 11, 2:24 AM
$AMAT | BULLISH SETUP 🐂⭐ Setup Quality Grade: A📌 Grade
• Technical Setup: A- Grade Cleanliness (Macro 1W falling trendline breakout retested at
$507–
$510 spot holding higher low support).
• Wall St Target: +28%–75%+ Upside (
$650 median target up to
$900 high). 🏢 Company Profile: Global leader in semiconductor wafer fabrication equipment & materials engineering driving AI chip manufacturing (
$30.8B TTM revenue)
🔎 Options Flow: Institutional whales sweeping massive LEAPS calls:
• Jan 2027
$450C (11.6% ITM) (
$1.5M sweep) 💸
• Jan 2027
$510C (0.6% OTM) (
$1.8M split +
$1.8M block) 🐋
• Oct 16
$440C (13.4% ITM) (
$1.1M sweep above ask) 🚀 🎯 Key Levels to Watch:
• Bulls Want: Hold
$500.00 & claim
$525.00 ➡️ Targets:
$557.50 /
$600.00 /
$650.00+ 🚀
• Bears Want: Breakdown back under
$480.00 trendline support. 🛑
• Wall St Target:
$650.00 median target (~28%+ upside). #AMAT #options #trading #hovdid
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