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AMAT shares fell in the extended trading nearly 4% to 19$ after the company posted a quarterly profit that beat expectations, but the top supplier of equipment for producing microchips forecast a drop in orders and its shares fell. Applied expected a net profit of 30 cents to 32 cents per share in its third quarter, while revenue would be up or down 2 percent from the previous quarter, Chief Financial Officer George Davis told a conference call. Looking at the technical chart and following the reaction of stock in after-hours, shares could find some support at 19$, let's see what investors will do.

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