LRCX Horizontal Line at 720s hold again for Lam Research?Horizontal line at 720s continues to work great for LRCX Lam Research. Lam Research is trading with a Forward P/E ratio of 21.75 which is discounted to its industry group Forward P/E of 25.6.Longby murat_cal222
Target 814.12Following daily chart and got a long signal. TP 814.12, which is first fibonacci level which is enough, expecting around 6% gain. SL Close under 729 Longby omurden0
LRCX downside target 800Lam Resaerch Corporation is seeing a flawed breakout, as the stock is at a key resistance to break which the stock will have to go lower and try again. The stock may see a decline of about 4 to 5 percent in the short term.Shortby Sudhir-SirohiUpdated 3
LRCX Bounce Trade IdeaNASDAQ:LRCX This is just ridiculous...Lam Research down over 30% in just a short "two week" period. It really goes to show that risk management is everything and even the most economically important companies on the planet are not full protected from price fluctuations. Bounce trade idea might occur here and rally towards the 200MA.Longby finvizclub4
Lam research - Corrective range at the topNASDAQ:LRCX is looking at one more leg of a downside 3-wave correction and test the lower support at 798.98 level. We believe that the formation of a 5-wave larger degree broadening wedge is underway and if it form successfully , the stock will stage a grand rebound to the upside in the long-termby William-tradingUpdated 0
LRCX - 3 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting7
LRCX Lam Research Corporation Options Ahead of EarningsIf you haven`t bought LRCX before the previous earnings: Then analyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week, I would consider purchasing the 880usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $34.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 2
LRCX April 17, 2024: Sell SignalOn April 17, 2024, NASDAQ:LRCX closed down below its MA-50 on huge volume. Which is a sell signal.by longsonvn2
LRCX March 20, 24: Reclaiming MA-20On March 20, 24, NASDAQ:LRCX reclaimed its moving average MA-20 which provides a possible entry with a stop loss below the MA-20.Longby longsonvnUpdated 1
LRCX March 14, 24: Where can we look for a buy point?I bought NASDAQ:LRCX on December 11, 2023 when it broke out into a new high, then sold it a few days ago as the stock crossed down the MA-21 after a long period of time (since January 2024) trading above it. I am looking for a new buy point of this stock and here are the 2 possible situations. The stock might trades around this area below MA-21 for a few days and then will move up again. This would be a new entry for me. In another case, the stock might goes down to its rising MA-50, which also provides a buy point in case the volume will dry up. What do you think will be the case?Longby longsonvnUpdated 1
LRCX: Hunt For The 1K MarkAfter positive earnings we broke the trend line above and heavily rejected the $900 psychological key level. Longer term in a steadily rising channel. Areas marked to look out for. I believe in price channels as you can see. Target at $975.Longby M0_BTCUpdated 223
LRCX Long 10-Feb-2024 ---------------- LRCX New targets Target of 1002-1152-1198-1351-1442-1689-1803 SL 583 Strategy : SBO + RSI > 60 + EMA above 20 & 50 Duration few weeks Please consult your financial advisor before investing All research for educational purposes only. Stock crosses past barriers with good volumes Past Shared Levels : Longby IOTABHIUpdated 3
LRCX potential buy setupReasons for bullish bias: - Price moving in a bull trend - Playing simple DOW theory - No divergence - Targets are set under fib extension as price is at all-time high Entry Level(CMP): 838.16 Stop Loss Level: 720.27 Take Profit Level 1: 956.05 Take Profit Level 2: 1063.00Longby TradeWithParasUpdated 0
LRCX ProjectionPositional Trade LRCX Looks Good ABOVE 726.14 Target 747-756-798-823-849-883 points from entry Hold a few Weeks Please consult your financial advisor before investing All research is for educational purposes only. Stock is ready to cross past barriers in daily, Daily time frames. breakout after consolidation.Longby IOTABHIUpdated 2
$LRCX approaching gap fill area and is a week away from earningsNASDAQ: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 NASDAQ:NVDA , NASDAQ:AMD , and NASDAQ:SMCI may act as a catalyst for NASDAQ: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.Longby RockyFresh340110
Lam Research Price action and Indicator confirmationNASDAQ:LRCX appears to be in an ascending triangle of some kind, using the last dip as trend support, I suspect NASDAQ:LRCX will make new highs with the rest of the market. I will target $820 then I honestly think it'll get up to $950 or higher. There is a big cup and handle with a breakout taking place now too. The orange circle is where the handle breakout occurred. I believe there is still low risk in hopping into this trade now. Thanks : )Longby DontSlamTheDoor1
Lam Research cleared All time highs. Moved past the all time highs. In January expecting it to drawdown a bit to the breakout level 740- 730by abhilash4431
Symmetry in LRCX - BullishUpdate to a previous idea I posted recently, this is more accurate. 385 post earnings (by 10/21) 525 by end of Nov 2022 Pullback to 385-400 by Jan 2023 Retest All Time High @ 731 by June 2023Longby JerryMandersUpdated 6611
LRCX Inverse head and shouldersPretty straight forward chart. If price makes a clear break above 505$, this inverse head and shoulders could take us all the way to a new all time high of about 840$. The fibonacci channel also confirms this as past resistance is now new support.Longby cicatraceUpdated 7
DESCENDING TRIANGLEI read LRCX beat earnings yet there appears to be a sell off today. Price is on the support line of a descending triangle tat is neutral until fully broken. Prior bearish rising wedge that broke to the upside. Price is trying to break the bottom line level. Possible RSI Diversion. No recommendationby lauralea1
LRCX Lam Research Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week, I would consider purchasing the 650usd strike price at the money Calls with an expiration date of 2023-10-20, for a premium of approximately $20.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptions112
$LRCX with the same ingredients for upside potential✅Created Demand Zone ✅Retested the demand zone ✅Crossed above resistance I am bullish on this. Target are 690.90 and 712.56. Stop loss would be close below the demand zone (603.52) Follow for more trade ideas. (Always DYOD)Longby jsingh0091