TradingView
JerryManders
Oct 18, 2022 4:44 PM

Symmetry in LRCX - Bullish Long

Lam Research CorporationNASDAQ

Description

Update to a previous idea I posted recently, this is more accurate.

385 post earnings (by 10/21)
525 by end of Nov 2022
Pullback to 385-400 by Jan 2023
Retest All Time High @ 731 by June 2023

Comment

The initial 525 target I think is slightly underestimating it - I'm looking for 535-575 in the coming weeks with a point target of 545. Look for possible resistance in the 515-520 range

Comment

We done (won't hit the 732), that worked out nicely. See my Bearish update for coming month. Start entering short here.

Comment

TradingView should be paying me for this lol. Tell me a post to ever hit more accurate than this and I'll pay you.

Time to short it.

Comment

Looks like this is headed to upper range of target box around 840.
Comments
Rob1n2
this one made is amazing
mudunsa
Amazing work!! How low do you think this will go now?
JerryManders
@mudunsa, Thank you, from here I am very bearish on LRCX. I'll post an updated idea soon but here is a summary of my targets:

near term - 560 in October 2023
mid term - 335 in December 2023
Robinsmagicshow
Still valid?
Robinsmagicshow
Well let’s try this again
JabezDolz
Nice!
More