Has bettered its high from 2000 (57.50) recently and now just below it. I favor it likely soon be back above it and have gone long. Could use current short term uptrend line as a stop. If it happens we could see major % gain long term. Process your way.
Also see excellent chart by Alex_Quiroga
tradingview.com/u/Alex_Quiroga/
seekingalpha.com/article/4161853-applied-materials-major-growth-driver-overlooked-management
Also see excellent chart by Alex_Quiroga
tradingview.com/u/Alex_Quiroga/
seekingalpha.com/article/4161853-applied-materials-major-growth-driver-overlooked-management
Note
Trying to close gap?Note
Alternative count. 15 min 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.