$LRCX approaching gap fill area and is a week away from earnings

LRCX's recent close above the 9 EMA signals bullish potential. Holding steadily above the $763 level could pivot the stock towards $768, aligning with a crucial gap fill area and setting sights on $778. The positive momentum in related stocks like NVDA, AMD, and SMCI may act as a catalyst for LRCX, especially given its critical role in memory chip production. Watch for possible significant movements around the January 24 earnings, as these developments could impact its trajectory.
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