AMAT - Applied Materials Inc. - Broke Previous HighApplied Materials, Inc.BATS:AMATstreak35Hello Everyone, This is the second one that i added to my Watch List. AMAT - Applied Materials Inc. - What They do? Applied Materials Inc. is a global technology company focused on material engineering solutions for the semiconductor, flat panel display, and solar photovoltaic (PV) industries. The company is headquartered in Santa Clara, California, and has more than 110 locations in 19 countries, including Canada, China, Japan, and Israel. Serving a global audience, the firm generates around 80% of its revenue in Asia. Applied Materials Inc. holds around 14,300 patents and was named one of the World’s Most Admired Companies by Fortune in 2021. The company has been in operation since 1967. The firm’s manufacturing and process technologies are used to build some of the world’s most complex chips and displays, enabling the company’s customers to build faster memory chips and processors, super high-resolution displays, and flexible electronics. The company’s products are used in liquid crystal displays (LCDs), organic light emitting diodes (OLEDs), TVs, personal computers, and smart phones. Applied Materials Inc. has a strong commitment to sustainability and corporate responsibility. Investor’s Business Daily included the firm on its list of the best ESG companies in 2020, and the company also made the Barrons list of the top 100 Most Sustainable Companies in 2021. Base information says that it is quite sustinable Business :) Financial Details: Market Cap : 162.45 B Revenue : 28.61 B EPS : 8.3874 P/E : 24.31 Dividend (Yield) : 1.78 (0.87) Financially they are looking in a good position as well and even they pay Dividends. Technical Part: I found AMAT when i performed a my scan for break out stocks . On Friday it broke to previous high level which is 201 , also begining of the last week actually there was a break out . I see 2 possibilities like i draw Red and Green. If it achives to stay above this level then hit to 222 and possible quick pull-back, final price target is 245-250. If it decides to pull-back and not achive to stay above this level (201), then there is a possibility to pull-back till 186-187. If it prices like this then these levels could be a good buy levels, and final price target is same 245-250. It's worth to add watch list for next week. This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis. Happy Weekend to All