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LAM RESEARCH

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LRCX can it retrace to 38.2% Fib level?
I am new to technical analysis, appreciate any thoughts!
Snapshot

With China changing it's export policy, due to the US blocking it from using cloud computing services, i can see LRCX dropping to at least $556.38 in the next 1-2 months.

LRCX siuuuuuuu
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LRCX 478.20 . kaunter akan drop daily.