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DontSlamTheDoor
Jan 13, 2024 10:32 PM

Lam Research Price action and Indicator confirmation Long

Lam Research CorporationNASDAQ

Description

NASDAQ:LRCX appears to be in an ascending triangle of some kind, using the last dip as trend support, I suspect NASDAQ:LRCX will make new highs with the rest of the market.

I will target $820 then I honestly think it'll get up to $950 or higher.

There is a big cup and handle with a breakout taking place now too.

The orange circle is where the handle breakout occurred. I believe there is still low risk in hopping into this trade now.

Thanks : )
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