User: Violet: Manufacturiing: slopechart_AMAT.jpg

With earnings on 18Aug23, AMAT gained 3.7%. 
Earnings popped price up above the Cloud (green and red horizontals), back into the bearish wedge, and above the 2000 uptrend while closing a small gap. 
Yet price sits at a precarious juncture. 
I doubt this resurgence will hold. 
Note negative divergence in next chart.