return to proven buyers provides on trend entry 1->3 : creates a solid major support at number 2 ,
as they surpassed the selling pressure genesis of
number 1 creating high number 2 .
3->4 : we return to number 2 buyers
next ?
* bullish reaction supporting on trend continuation
* bullish divergence rsi and mfi
* obv downtrend seems to be broken to the upside showing buying interest is increasing
* chaos theory indicator shows 70% probability
of reaching number 3, creating a good upside
target and support of theory
LRCXC trade ideas
LRCX (Lam Research Corporation) – Long Setup Trading Idea: NASDAQ:LRCX (Lam Research) - Long Setup
🎯 Idea: LONG
⏰ Timeframe: Daily + 4H for entry
📊 Pattern: Pullback into Support in a Bullish Trend
Fundamental Catalyst:
Strong Fundamental Score: 7/9
Growth: Strong YoY Revenue & Earnings Growth
Balance Sheet: Excellent Debt Management (Debt Score: 10/10)
Technical Setup:
Trend (D1): Bullish ✅
Entry Zone: $100.00 - $101.50 (Confluence of SMA-20 & previous support)
Stop Loss (SL): $90.30 (Below key swing low and SMA-50)
Take Profit 1 (TP1): $115.00 (Initial resistance)
Take Profit 2 (TP2): $121.90 (Previous high target)
RSI2 Signal: Recent Connors RSI2 Buy Signal confirmed the oversold bounce.
Risk Management:
Risk/Reward (to TP2): 1:2.7
Position size accordingly. Consider scaling out at TP1.
Summary: Buying a high-quality company on a technical pullback within a strong uptrend.
⚠️ Disclaimer: Not Financial Advice
This post represents my personal analysis and opinion for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.
Do your own research (DYOR) and make your own trading decisions.
You are solely responsible for any investment or trading decisions you make.
Past performance is not indicative of future results.
Trading equities and futures involves substantial risk of loss and is not suitable for every investor.
#TradingView #LRCX #Long #TechnicalAnalysis #FundamentalAnalysis #Semiconductors #TradingSetup #Investing
LRCX (Lam Research) - RSI2 Connors Strategy Setup🚀 Trade Idea: LRCX (Lam Research) - RSI2 Connors Strategy Setup
Entry: $98.59
Stop Loss (SL): $89.34 (~9.4% risk)
Take Profit (TP): $117.29 (~19% upside)
Risk-Reward Ratio: 1:2
📈 Trade Rationale
RSI2 Connors Buy Signal Triggered
LRCX hit an RSI2 ≤ 10 (oversold) on July 31, generating a high-probability buy signal per Connors' mean-reversion strategy.
Historically, stocks bouncing from extreme RSI2 lows tend to see short-term rallies.
Key Support & Resistance Levels
Support: Strong demand zone near $95–$98 (previous swing low).
Resistance: Next target at $117.29 (prior swing high + Fibonacci extension).
Stop Loss Placement
Placed below the recent swing low ($89.34) to avoid premature exits while respecting volatility.
📉 Risk Management
Position Size: Risk ≤ 1–2% of capital per trade.
Exit Plan:
Partial TP at RSI2 > 60 (scaling out 50%).
Trailing Stop if price trends beyond $110.
🔍 Why This Works
Mean-Reversion Play: LRCX is oversold in the short term with room for a bounce.
Semiconductor Sector Strength: If broader tech rallies, LRCX could outperform.
👨💻 Trade Active? Drop a comment below!
#TradingView #RSI2 #ConnorsStrategy #Semiconductors #LRCX
Disclaimer: This is not financial advice. Always do your own analysis. 🚨
LRCX – Gap Fill First, Then Retest and Potential Move to ATHLRCX NASDAQ:LRCX is currently trading just below a key resistance zone, supported by strong bullish momentum and a confirmed Golden Cross formation.
🔍 Technical Scenario
There is a high probability that price may fill the gap above without retesting the current resistance. After the gap is filled, we could see a pullback to retest the previously untouched resistance zone (now acting as support).
If this retest is successful and holds, the structure may support a continuation move toward the All-Time High (ATH) zone.
📌 Trade Plan
Entry: Avoid chasing the breakout candle. Wait for a gap fill, followed by a clean retest of the broken resistance zone. Enter on confirmation of support holding.
Stop Loss: Place SL just below the retest zone or under the most recent higher low (structure-based stop).
Target 1: Gap fill completion
Target 2 : All-Time High (ATH), if retest confirms
⚠️ Risk Management
The gap-fill rally without retest can be volatile. Patience is key — let the price come back and confirm the breakout zone as new support.
As always, DYOR and manage your position sizing based on your risk profile.
Lam Research May Be Done ConsolidatingLam Research rallied sharply in late April and early May. Now, after a period of consolidation, some traders may expect a breakout.
The first pattern on today’s chart is the bullish price gap on May 12 after Treasury Secretary Scott Bessent lowered tariffs on China. LRCX spent the next two weeks in a range between $79.78 and $86.04, while holding above its March high. Did new support form above old resistance?
The maker of chip equipment established itself above the 200-day simple moving average (SMA) in the process. The 200-day SMA is also turning positive. Those signals may be consistent with longer-term bullishness.
Next, the 8-day exponential moving average (EMA) is above the 21-day EMA and MACD is rising. Those signals may be consistent with shorter-term bullishness.
Check out TradingView's The Leap competition sponsored by TradeStation.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Lam Research to the Upside. LRCXWe are (probably) bouncing off the resistance. That bullish engulfing, VZO cross, Stoch cross, BB%PCT divergent, candlestick cross on vWAP and US are evidence of the bullish stance on this one. Whatever your system is, be prepared to look at the market from multiple directions. I normally use a constellation of five, but usually more, factors to develop an opinion on trend, market structure, points of entry and exits.
Lam Research Pushes HigherLam Research has consolidated after dropping in July, but now traders may think the chip-equipment stock is coming back to life.
The first pattern on today’s chart is the weekly close of $84.74 from August 23. LRCX tried to break that level in September and October without success. But the stock closed above it yesterday as the broader Nasdaq-100 climbed. Is it finally breaking out?
Interestingly, the 200-day simple moving average is in the same approximate location. The stock additionally closed above it for the first time since last summer.
Next is the rounded basing pattern around an earlier peak from July 2023. That may suggest old resistance has become new support.
Finally, MACD is rising. The 8-day exponential moving average (EMA) is also above the 21-day EMA. Those patterns could indicate a bullish short-term trend.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
1/29/25 - $lrcx - Probs a buy, but muh hands full rn1/29/25 :: VROCKSTAR :: NASDAQ:LRCX
Probs a buy, but muh hands full rn
- for low teens (revenue and profit) growth, 5% yields, right zip code (though that's a bit debatable in the immediate - and i mean immediate-term).
- put it on my radar for tonight's EPS in case msft, meta or now screw the pooch and the results are good we can dip buy
- my guess if they beat, stock up, but bc i'm less famiilar i'm just watching for now
- gl to all!
V
Stock Of The Day / 01.16.25 / LRCX01.16.2025 / NASDAQ:LRCX #LRCX
Fundamentals. Positive news background in the semiconductor chip manufacturing sector.
Technical analysis.
Daily chart: Exit upwards from a wide range with the upper limit of 79.36, formed on October 25, 2024 and confirmed by several touches of the level.
Premarket: Gap Up on moderate volume.
Trading session: The price formed a tightening to the level 79.36 after the opening of the session. We consider a long trade to continue the upward movement when the tightening is formed along the trend.
Trading scenario: breakout (tightening) of the level 79.36
Entry: 79.67 after the breakout and retest. A more conservative entry is possible at the exit upwards from the trade range above the level.
Stop: 79.31, we hide it below the level 79.36.
Exit: Close part of the position at 82.15 when a trading range forms under the level of 82.50 and an unsuccessful attempt to break through it. Close the remaining part of the position at a price of 81.79 when the structure of the uptrend is broken.
Risk Rewards: 1/6
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information .
LCRX RETURNS TO THE SEEN OF THE CRIMENASDAQ:LRCX returning to the seen of the CRIME! ☕️
LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯
LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern!
Will it bounce again?! Drop a comment below.
The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust!
My Short Term PT for this chart is: 🎯$80
My Long Term PT for this chart is: 🎯$107
Not financial advice! 🖖
LRCX - ready for a launchLRCX is compressed and tight here. Probably I would jump here with size but a small starter position would be fine IMO.
Once wave 1 gives confirmation and wave 2 completes , good for going heavy.
Long between 78-83
Stop loss - 75
Target 1 - 92
Target 2 - 100-102
Target 3 - 112