Applied Materials (AMAT) bounced off the orange range bottom earlier. Today, it broke through the purple range top to a new high and is now challenging the blue up-channel top. As long as the purple line holds, the breakout is intact.
Also, more than 300 stocks hit a new 250-day high today, including AAPL, PG. Click the link below to view the stock list:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&highlow=250-day%20High