Lam Research Price action and Indicator confirmation

13 Jan

LRCX appears to be in an ascending triangle of some kind, using the last dip as trend support, I suspect LRCX will make new highs with the rest of the market.

I will target $820 then I honestly think it'll get up to $950 or higher.

There is a big cup and handle with a breakout taking place now too.

The orange circle is where the handle breakout occurred. I believe there is still low risk in hopping into this trade now.

Thanks : )