LCRX RETURNS TO THE SEEN OF THE CRIME
LRCX returning to the seen of the CRIME! ☕️LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯
LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern!
Will it bounce again?! Drop a comment below.
The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust!
My Short Term PT for this chart is: 🎯$80
My Long Term PT for this chart is: 🎯$107
Not financial advice! 🖖
Comment
Don't look now but we just formed a HAMMER CANDLE on the Daily and Weekly Chart right at the bounce point I outlined above. BULLISH heading into earnings! Comment
LRCX HUGE EARNINGS CALL after close today for this company to determine where the stock price will go but things are looking bullish going into earning as we are at a very STRONG support area, had a hammer candle stick on the daily chart yesterday, and we have now just engulfed it. Very bullishComment
So market tanks pretty hard today and this name still can't break that Cup n Handle support Barrier?! BULLISH! Comment
Gonna be Deep in the money on my options tomorrow. $80 price target will get hit this week after a great earnings by LRCX Congrats anyone who followed me on this. 
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