LRCX on the Monthly chart has shown a prime example of an Ascending Triangle, with bullish results Chart pattern educational post
Gap down on open Waited for pullback on 30min and brought puts on continuation.
Break of structure to the upside waited for pullback and brought calls on continuation
Here is the bigger picture for LRCX, as referenced in previous post on expanding triangle. We are currently at the transition from f of C of 4 and for the reasons outlined in last idea it is likely that wave 5 of the larger impulse is about to begin (or began May 20), to summarize: - wave 4 was an expanded flat with an ending expanding triangle as the 5th wave...
LRCX very bullish yet very volatile setup. I posted recently but have recognized my initial count was not correct. The correct count is the following: - LRCX is completing the final leg of an Expanding Triangle as the 5th wave of a larger Expanded Flat, which is the wave 4 of a larger motive sequence that started a decade ago off the low around 31.17. - the B...
Reversal and structure break means go long Next level $535 are target. Also early entry was daily inside bar play. Not financial advice please use proper risk management
Expectation is bullish until end of May, then bearish in June to complete corrective wave. Some confluence here using Elliot Wave, Harmonic Patterns, and Gann: Primary EWT count gives recent completion of corrective A, next stop B. The details of this primary count are below: - Impulse began 9/24/2012 (not shown) at 31.17 - Wave 1 completed 3/12/2018 (not shown)...
... Gyarados. Target 550 I have to type more than the above to publish this....
The PEAD projected a Bullish outlook for $LRCX after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 33.33%.
It opened above the resistance. It shall rise at least 2% today from my buy zone. Let's see what the day gives us.
Another ER play, I like the setup here for quick short profit. Let's see what we get.
Drew this out from 1990 lows and it is looking like if it breaks that price point we are looking out for new lows.
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia! This is a move that could have huge impact on American companies. 30% of LRCX Lam Research Corporation revenue comes from China. My price target for LRCX, considering the gap as well, is $385, but the buy area is even lower, around $345 i...
The PEAD projected a Bullish outlook for $LRCX after a Negative Under reaction following its earnings release placing the stock in drift D.
We likely see the cross before the week ends. This not a smart long idea.
500-520 if red 620-630 if green volitality & crazy times we could get both...
This is smaller time interval to see the next few moves.