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LRCX - building momentum

Lam Research Corporation (NASDAQ:LRCX)  
Trading-Capital  
NASDAQ:LRCX   Lam Research Corporation
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) Stocks LRCX SMH
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trendanalysis chartpattern spy stocks lrcx smh
Since Earnings a clear accumulation Consolidation pattern has been unfolding.

If the Indices weren't so extended and into resistance this would be a prime candidate to go long.

Watching Lam Research closely as it has good technical setup if we get a pullback in the market.

This is a longer weekly pattern so it takes some time to play out.
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