BBTrader29
Short

LRCX Snapback

NASDAQ:LRCX   LAM RESEARCH CORP
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LRCX 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.
Jul 29
Trade closed: stop reached

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