Looking for good, small sized plays for new/struggling traders. Consider feb22 175p on $LRCX. Currently @ 181.33. Looks prime for pullback. Slightly O/E RSI, shooting star on Daily chart, run from 120's to 180's since Dec. & no meaningful selling volume in weeks. #OptionsTrading
LRCX has an important technical pattern. The stock chart is technically precise. Lines drawn on a weekly chart match perfectly to daily support levels. This is not always the case. The technical precision of certain areas of this chart shows where the professionals have entered and exited. The ability to see the footprints of Dark Pools and Professional Traders is...
LRCX: Lam Research Corporation 2019-01-23 16:15:00 Lam Research Corporation Announces $5 Billion Share Repurchase Authorization
Lam Research is a value investment. I've priced it with long term growth taken into account to be a bargain buy around $190. That said, this equity is on sale. We could be on our way to test the long term trend from 2012 though around 105...which would be insanely cheap. If we break out of this current short term down trend, I will look to take this long. ...
My quant model predicts Profitability: it has a high probability(68%) to rebound at this level. Worst Case: it could drop to $88.44 Money Management: Bet no more than 12% of capital Suggested Strategy: long stock for 5 Days
I love, love, love this setup. Support about to be broken or bounce city.. Let it rip tater chip!
Long based on waves and fibs My entry: 157.00 Stop Loss: 145.00 Profit Target: 190.00 Risk/Reward: ~1:3
Indicators all confirmed pointing down. Great for a SHORT or a PUT. First target: $137.80 Second target: $132.71 Happy trading!
If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support.
LIKE LONG OVER 152.20s FOR RUN UP TO EARNINGS MID MONTH 155 FIRST STOP TO 160s?
Intermediate term 3-4 month maybe. Think will test 166.xx for double bottom. Then start its move to break downtrend. T1 -188 T2-209 T3- 230
LRCX $LRCX gapping up on earnings beat. I think this may pop at open back to the 188-189 area before pulling back to fill the gap down possibly to the 181ish area. After the fill down I would go long and play this back to the upside for a nice move back towards highs. Should make for a good swing if you want to hold it. Just give it room to come down before...
Lam Research is a stock on it's way up. The prominent analysts have set the price target as high as $275. This price looks like it is bouncing off support until it can jump past the resistance. Increased value from the growth of sales is one thing this company has on it's side. The books of LRCX look better YoY, only showing a couple weaknesses, i.e. in a...