UBS upgraded Applied Materials (AMAT) to a buy rating as shares are up more than 40% in 2025. Kevin Horner diagnoses several technical patterns taking shape on the chart, identifying $208 support and $241 resistance over the past 90 trading days. Zooming out to the 2-year chart, Kevin shows the stock's all-time highs back in the summer of 2024 that could be the next test if shares breakout above the $241 resistance point.
Morning Movers
25 Nov 2025
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