LRCX Entry, Volume, Target, Stop, Resistance
Entry: when price clears 644.60
Volume: with daily volume greater than 1.37M or weekly volume greater than 6.7M
Target: 755 area
Stop: Depending on your risk tolerance; 607.75 gets you 3/1 Risk/Reward.
Resistance: 731 area
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Volume: with daily volume greater than 1.37M or weekly volume greater than 6.7M
Target: 755 area
Stop: Depending on your risk tolerance; 607.75 gets you 3/1 Risk/Reward.
Resistance: 731 area
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Trade active:
Just barely under the volume I was hoping for, I'm in with caution and do not expect it will reach my target before earnings, but I think I'll make some money.
Comment:
I will exit before earnings, win or lose.
Comment:
Sold my shares to avoid earnings, will let the idea continue on.
Comment:
Hate it when I sell before earnings and it gaps up, but I hate it worse when I hold and it gaps down.
Comment:
If you are in, take some profit soon.
Comment:
You should be at least 1/2 out if you took this trade.
Comment:
Trading sideways on decreasing volume - looks strong.
Trade closed manually:
May start a new idea when I see a new setup.