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TradeWithParas
Feb 5, 2024 12:40 PM

LRCX potential buy setup Long

Lam Research CorporationNASDAQ

Description

Reasons 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: 1063.00

Trade active

TP1 hit
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