AMAT – Inverse Head & Shoulders Breakout

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AMAT – Inverse Head & Shoulders BreakoutApplied Materials, Inc.BATS:AMATmanueldelcura1Applied Materials just broke above the $200–205 neckline of a clean Inverse H&S on the weekly chart. After a strong run in the past month, price may pause or retest the breakout zone before continuation. Plan: ✅ Light entry above $205 ✅ Add on pullback/consolidation near neckline ❌ Invalidation below $195 / $160 (right shoulder) 🎯 Target: $250 (ATH zone) The pattern projects even higher (~$275–280), but $250 is the first realistic milestone. Watching closely for follow-through or a healthy retest.