Megacaps Hit But Not All Stocks; Applied Materials, Copart, Snowflake In Focus

The megacaps were down but strength was found elsewhere including chips and industrials. Copart broke a downtrend getting support at the top of a flat base. Applied Materials got support at its double bottom entry and broke above a downtrend in a handle. Finally, Snowflake is on the verge of breaking out of cup with handle.