If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support.
Buy Price: Yellow Line TP: Green Lines Maximum Profit: Yellow Area SL: Red Line Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am...
Buy Price: Yellow Line TP: Green Lines Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck! ...
MU is breaking out after double top and a retest of the prior swing low. MACD crossing is also a positive sign that a run higher is imminent. The strong performance today looks even better given that other stocks in the same sector were smashed on the ER results of LRCX (which i feel was unjustified). I purchased May 25th 52.50 calls, and a run to the 60 range...
Good signs to push at least 265. Let's see how it develops Mistake.. "Strong Support" Strong Resistance*
Lam Research (LRCX) delivered strongly in their Q4 earnings report, but the stock has since tumbled almost 10%. The market for semiconductors is not going anywhere... Target: give it to your grandchildren, or at least until processors using silicon fall out of favor. SOXX and SOXL are also good ways to get some exposure to LRCX and the semiconductor market.
Trend Analysis: -->Looks to be breaking resistance at $215. Strong earnings will likely allow the price to break through. -->Hit support early today around $208 Indicators & Overlays: -->MACD looking to cross over close to 0 -->DMI+ looking to cross over DMI- in an upward trend -->RSI showing resistance at 40 and moving upward back to the 80 range
-mid time frame is in downtrend with price action consolidating and wykcoff spring failure test above the 147.7x area with rsi positive divergence -lower time frame is showing a range bound tight action with positive volume pressure ready to test 149.x -higher time is in uptrend- pulling back and in area of support