LRCX March 20, 24: Reclaiming MA-20On March 20, 24, NASDAQ:LRCX reclaimed its moving average MA-20 which provides a possible entry with a stop loss below the MA-20.
25.96USD
4.51 BUSD
17.43 BUSD
130.41 M
About Lam Research Corporation
Sector
Industry
CEO
Timothy M. Archer
Website
Headquarters
Fremont
Employees (FY)
17.2 K
Founded
1980
ISIN
US5128071082
FIGI
BBG000BNFLM9
Lam Research Corp. engages in the design, manufacture, marketing, refurbishment, and provision of semiconductor processing equipment used in the fabrication of integrated circuits. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. The company was founded by David K. Lam in 1980 and is headquartered in Fremont, CA.
LRCX March 14, 24: Where can we look for a buy point?I bought NASDAQ:LRCX on December 11, 2023 when it broke out into a new high, then sold it a few days ago as the stock crossed down the MA-21 after a long period of time (since January 2024) trading above it.
I am looking for a new buy point of this stock and here are the 2 possible situations.
T
LRCX: Hunt For The 1K MarkAfter positive earnings we broke the trend line above and heavily rejected the $900 psychological key level. Longer term in a steadily rising channel. Areas marked to look out for. I believe in price channels as you can see. Target at $975.
LRCX Long
10-Feb-2024
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LRCX New targets
Target of 1002-1152-1198-1351-1442-1689-1803
SL 583
Strategy : SBO + RSI > 60 + EMA above 20 & 50
Duration few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
Stock crosses past barriers with
LRCX potential buy setupReasons for bullish bias:
- Price moving in a bull trend
- Playing simple DOW theory
- No divergence
- Targets are set under fib extension as price is at all-time high
Entry Level(CMP): 838.16
Stop Loss Level: 720.27
Take Profit Level 1: 956.05
Take Profit Level 2: 1063.00
LRCX ProjectionPositional Trade
LRCX Looks Good ABOVE 726.14
Target 747-756-798-823-849-883 points from entry
Hold a few Weeks
Please consult your financial advisor before investing
All research is for educational purposes only.
Stock is ready to cross past barriers in daily, Daily time frames. breakout afte
$LRCX approaching gap fill area and is a week away from earningsNASDAQ:LRCX 's recent close above the 9 EMA signals bullish potential. Holding steadily above the $763 level could pivot the stock towards $768, aligning with a crucial gap fill area and setting sights on $778. The positive momentum in related stocks like NASDAQ:NVDA , NASDAQ:AMD , and NASDAQ:SMC
Lam Research Price action and Indicator confirmationNASDAQ: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 ta
Lam Research cleared All time highs. Moved past the all time highs. In January expecting it to drawdown a bit to the breakout level 740- 730
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Frequently Asked Questions
The current price of LRCX is 958.36 USD — it has increased by 1.29% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Lam Research Corporation stocks are traded under the ticker LRCX.
Lam Research Corporation is going to release the next earnings report on Apr 24, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for Lam Research Corporation has a max estimate of 1200.00 USD and a min estimate of 740.00 USD.
LRCX earnings for the last quarter are 6.85 USD whereas the estimation was 6.15 USD which accounts for 11.37% surprise. Estimated earnings for the next quarter are 7.12 USD. See more details about Lam Research Corporation earnings.
Lam Research Corporation revenue for the last quarter amounts to 3.48 B USD despite the estimated figure of 3.42 B USD. In the next quarter revenue is expected to reach 3.71 B USD.
Yes, you can track Lam Research Corporation financials in yearly and quarterly reports right on TradingView.
Like other stocks, LRCX shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Lam Research Corporation stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 17.20 K employees. See our rating of the largest employees — is Lam Research Corporation on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Lam Research Corporation EBITDA is 4.39 B USD, and current EBITDA margin is 32.32%. See more stats in Lam Research Corporation financial statements.