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LAM RESEARCH CORP USD0.001LAM RESEARCH CORP USD0.001LAM RESEARCH CORP USD0.001

LAM RESEARCH CORP USD0.001

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LRCX
If the price is maintained above the M-Signal indicator on the 1M chart, it is highly likely that the uptrend will continue in the medium to long term.

Accordingly, the key is whether it can receive support near 74.85 and rise to the Fibonacci ratio of 0.618 (77.84).

If it falls from 74.85,

1st: 69.14-72.49
2nd: 63.22-65.49
We need to check whether there is support near the 1st and 2nd above.

From the current position, the price needs to rise above 85.42 to start a stepwise uptrend.
tradingview.com/x/88OAc4Yp/
Snapshot
seemantini12
LRCX can it retrace to 38.2% Fib level?
I am new to technical analysis, appreciate any thoughts!
Snapshot
Dr_Wallstreet
With China changing it's export policy, due to the US blocking it from using cloud computing services, i can see LRCX dropping to at least $556.38 in the next 1-2 months.