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Pivot on Applied Materials. AMAT

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My last take on applied materials was dead wrong, but you get that - this is trading. We are still proud to boast around 65% profitable takes overall. This is a good number for retail and institutional trader alike. Brett Connelly boast a stable 54% track record in his book "Alpha Trader."

But back to the idea.

Head and shoulder neckline break with gap and bearish price action. Technically, a congruent flip on VZO, BB%PCT with crosses of the MIDAS line. More bearish moves likely to follow.

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