1. Sitting at bottom of Channel, may head back up in coming days;
Kommentera:
2. Stock held the $357.50 at the bottom of the Channel;
3. LRCX hasn't spend more than 4 trading days at the bottom of the Channel since March;
4. Watch for a rebound or breakdown in the next few days; Tight stops if you have options, or don't want to tie up cash;
5. We would be surprised by a sustained move below $350 here, and would add to our position;
Kommentera:
6. We think a run to $400 in the next 3 to 4 weeks is the likely move.
7. To be continued...
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3. LRCX hasn't spend more than 4 trading days at the bottom of the Channel since March;
4. Watch for a rebound or breakdown in the next few days; Tight stops if you have options, or don't want to tie up cash;
5. We would be surprised by a sustained move below $350 here, and would add to our position;