$AMAT Rising Channel or Wedge?

Applied Materials, Inc. (NASDAQ:AMAT)

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NASDAQ:AMAT Applied Materials, Inc.

trendanalysis chartpattern beyondta amat rising wedgepattern parallelchannel

I had drawn a rising wedge pattern a few weeks back. Then it broke higher than the wedge and pulled back in. I' asking for feedback from the community as to what we have now. Is it a wedge or channel. and if it's a channel, was that break above the wedge and pullback enough to change the picture?

Dagangan aktif:

I forget to post, I went long on 1/2 @ $62 and have a stop at $60. My 1st target is only $64 so 1/1 risk/reward. However, I think this will continue to follow this nice channel for awhile.

Komen:

1/2 is Jan 2

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