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LAM

LAM RESEARCH CORP BULLISH ENGULF COULD TAKE STOCK TO BOC LEVELWith the 2 week LRCX candlestick showing bullish engulf, Lam Research Corporation may be ready to rally up to re-visit the Bearish Order Candle (BOC) at $347.19. Depending on market open on Monday, a gap-up above current price would likely be good to enter the stock at 306.22 while gap-down below current price might be good above 292. There is possibility for the stock price to drop to 270. Risk: Market sentiment remains bearish. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
NASDAQ:LRCXLong
by BullBearMkt
1
Lam is a Strong BUYLam 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 slightly larger debt than last year, stock price at a discount compared to industrial peers, etc. In it's peer group, of integrated circuitry and semiconductors, LRCX stands to gain ground aplenty. This price is a good entry for such a solid go-getter.
NASDAQ:LRCXLong
by biggair
1