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05Apr

Lam Research Corp., Elliott Wave Technical Analysis 05 April 2023

Alessio Barretta |05 Apr, 2023 | 0 Comments | Return|

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Lam Research Corp., Elliott Wave Technical Analysis 05 April 2023

4Hour

Lam Research Corp., LRCX: 4-hour Chart, April 5 2023,
Lam Research Corp., Elliott Wave Technical Analysis
LRCX Stock Market Analysis: Looking for a potential three wave move into wave ii already completed. In order to confirm the count we need to start moving higher relatively soon.
LRCX Elliott Wave count:  Wave  iii of (iii).
LRCX Technical Indicators: In between averages.
LRCX Trading Strategy: Looking for upside with a stop below (ii) which is invalidation level.


Daily

Lam Research Corp., Elliott Wave Technical Analysis
Lam Research Corp., (LRCX:NASDAQ): Daily Chart, April 5 2023,
LRCX Stock Market Analysis: We are looking for a nest within nest {iii} as we expect a sharp upside move in the following days.
LRCX Elliott Wave Count:  Wave {iii} of 5.
LRCX Technical Indicators: 20EMA as support.
LRCX Trading Strategy: Looking for long term longs after we break higher off this temporary sideways movement.

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