Applied Materials, Inc. (AMAT) Technical Analysis

checking Applied Materials (AMAT) uncovers an interesting signs of revive

we can see that over the last 5 years, AMAT has been trading in a very narrow enevelope, so apparently there is no enough volatility to make this stock
interesting, however taking a deeper look we first see that the envelope is rising.









and second if we focus on the last few years
we see few bullish signs:
1- break up of a resistance line on Jan 2008 (a resistance line that was formed april 2001.)
2 - the price level crossed SAR upward.
3- a start of a bullish divergance in MACD

we conclude a mid term bullish sentiment for AMAT with fibonacci targets of
18.45$, 19.09$, and 19.73$

Cameco Corporation (CCJ) Technical Analysis

today, we've analyzed comeco corporation (CCJ) interestingly this stock has many technical indicators that agree all together on teh direction,
examining the chart, we see a support line formed in OCT 2002 and broken in July 2007.
another support line is the support line around 36$.





examining the latest year a bit in more detailed view we can see that a triangle was formed from the support line at 36$ and the resistance line and was broken in Jan 2008. the target of this break is 27.5$. fruthermore examining the techincal indicators, we see an MACD bearish signs and a double top at ZIG (we didnt notice that at the regular chart). EMA 14 was also broken down. concluding it all, CCJ is bearish, medium term target is 27.5$.