LRCX – Was Previous High broken?

Apr 12

Hello Everyone, followers,

LRCX is pushing higher inside a strong trend continuation setup.

Semiconductor strength remains a key driver here.

📊 Technical Overview
LRCX is trending within a clean upward structure, with:

• Strong trendline support
• Higher highs & higher lows intact
• Price reclaiming key levels
• Momentum accelerating

Currently testing a breakout zone near recent highs.

🔹 Key Levels
Resistance
268 – 290 → Major resistance zone (Fib + structure)

Support
254 → 0.5 Fib
240 → 0.382 support
222 → Key support level

🔮Outlook
Trend remains bullish unless structure breaks.

A breakout above resistance could open the door for continuation toward higher targets, while failure may lead to a healthy pullback.

🎯 What I Expect
Bullish scenario
Break above 268 zone:
→ Continuation toward 290+ levels
→ Trend acceleration

Bearish scenario
Rejection:
→ Pullback toward 254 / 240 levels
→ Trend retest (healthy correction)

My Take
👉 This is not early anymore — this is confirmation phase
👉 Best trades come after structure proves itself

If you enjoy and like clean, simple analysis — follow me for more.

This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.

Have a green trade week ahead to all

#LRCX #Semiconductors #TechStocks #Breakout
#StockMarket #TradingView #TechnicalAnalysis
#SwingTrading #Momentum #Investing

Apr 19

Trade active

268 - 269 is strong resistance levels, if this levels will be broken then i will get it in my porfolio