drchelsea1

LCRX - Target $350 AFTER EARNINGS

Long
drchelsea1 Updated   
NASDAQ:LRCX   Lam Research Corporation
1. 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.
Comment:
Earnings on the 29th. All the estimated days from months ago are changed. Hmmm... The must be front loading earnings this quarter. A lot of companies have moved their date by a week or so...
Comment:
Update, this position is UP $4.00 so far, and still looking great. May hit $350 before earnings.
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