inco1

$lrcx ready to resume uptrend!

Long
NASDAQ:LRCX   Lam Research Corporation
-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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.