Symmetry in LRCX - BullishUpdate to a previous idea I posted recently, this is more accurate.
385 post earnings (by 10/21)
525 by end of Nov 2022
Pullback to 385-400 by Jan 2023
Retest All Time High @ 731 by June 2023
Lamresearchcorporation
LRCX exposure to ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
30% of LRCX Lam Research Corporation revenue comes from China.
My price target for LRCX, considering the gap as well, is $385, but the buy area is even lower, around $345 i think.
Looking forward to read your opinion about this.
