Chart Patterns & Algorithmic Trader (Nov. 05, '18) (47)
AMAT Parabolic Arc Pattern
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AMAT (W) is trading in Parabolic Arc from 04/08/2016 (low: 14.25) to
03/16/2018 (high: 62.40). AMAT reached its 62% Target 32.50. Parabolic Arc
patterns are long-term patterns, but most of the upside parabolic patterns
return to at least 50-62% of its prior rise in a correction mode.
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