Lam Research on short list
Disappointing reaction post earnings
bearish divergence existed for some time
Major implications on company from a sustained shut down in china.
Gaps on chart look like a nice target area
4LRCX trade ideas
Lam Research rejected at trend-line
Ultimate upside target we see as $330 in the not to distant future, but the trend line rejection must be respected.
extremely bullish if stock can break above it.
LCRX - Target $350 AFTER EARNINGS1. Stock consolidating and rising nicely in pattern;
2. $60 Height on Flag ($350 Target)
3. IBM just reported and that company is up $5;
4. This is going to $350;
5. End of Story;
Jan 21
Comment: Earnings January 22nd along with, XLNX, and TXN. Should be a nice day, Then INTC on deck on Thursday for the real show.
Lam Research looks overdone. $lrcxTime to ring the register and wait for lower entry.
Momentum downtrending and in bearish divergence to price.
RSI in downtrend and showing significant bearish divergences.
Stock has ran 25% since breakout, profit taking innevitable.
Major fibonacci extension target hit and price rejected.
Money Is Starting Back InThis looks like it could have some real potential....one for morning wach list.
LRCX - poor monthly and weekly closeSemis have had a great run. Weekly and monthly close does not support a move higher IMO.
Nice Entry Off of The PullbackThis stock is already bullish, and today has bounced off of a pullback the 10 ema...nice entry.
LRCX Earnings PlayI got a good hit on my last earnings play which I didn't post TRV so I'm going for one on this.
Put Spread $232.50/220 Cost per spread was 4.36 Holding 2 spreads. Nov 8 exp
We will see what happens. Looks like a small bearish divergence. God speed.
$LRCX Long trade setup in Lam Research.Entry level $246 = Target Price $264 = Stop loss $242
Bullish sentiment and fundamentals.
Bullish setup for another step higher.
Completely depends on market strength and trade, at this level trade short term.
Lam Research (LRCX) Next Target is 360 USDLRCX is about to breakout its prior high, based on symmetry, next target is 360 USD.
Lam Research Reaches all time high, Bullish but cautious. Although the stock is hitting a all time high, caution is needed to avoid been the last to the party. Indicators are high and there is a decrease in volume. For a very healthy breakout, expect a test of support and them a spike in volume, those conditions would provide a better entry level.
On the long side!Simple triangle setup ... can we get to 227!? if it gets through 0.618 level I'll go long. For stop I'll give it 1.5x ATR move.
LRCX SnapbackLRCX has recently broken out of a triple bottom pattern and has now ran for four days and has become overextended as well as running up into old resistance at the $208 level. I expect a snapback to the 200 level being that its overextended into resistance. Will sell once it connects with the 9EMA again. Earnings is next week so looking to only hold for a week.
Bullishtesting a pullback level on an uptrend , currently trading above 80MA on the weekly good for a long position
