05May
Lam Research Corp., Elliott Wave Technical Analysis 05 May 2023
Lam Research Corp., Elliott Wave Technical Analysis 05 May 2023
4Hour
Lam Research Corp., LRCX: 4-hour Chart, May 5 2023,
Lam Research Corp., Elliott Wave Technical Analysis
LRCX Stock Market Analysis: It looks like e are in wave 2 of iii which seems to be confirmed by looking at even lower timeframes as we seem to have a three wave move into micro wave 2.
LRCX Elliott Wave count: Wave 2 of iii.
LRCX Technical Indicators: 20EMA as support.
LRCX Trading Strategy: Looking for further upside into wave iii with invalidation level where the red line is at 482.5$.
Daily
Lam Research Corp., Elliott Wave Technical Analysis
Lam Research Corp., (LRCX:NASDAQ): Daily Chart, May 5 2023,
LRCX Stock Market Analysis: It looks like the triangle had been confirmed with the upmove in what seems to be wave i. Alternatively we have a truncated wave (v) and we are resuming lower.
LRCX Elliott Wave Count: Wave i of (v).
LRCX Technical Indicators: Above all averages, 20EMA as support.
LRCX Trading Strategy: Looking for further upside into wave iii with invalidation level where the red line is at 482.5$.
About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - It looks like we might have entered wave (iv) which...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We are missing one more leg higher into wave {c} of...
Read More >
Day Trading Strategies for AMZN, GOOG, AAPL, SQ, FB, TSLA, META, MSFT & JPM. Strategies & analysis o...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for downside in wave (v) already, has we ha...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have reached and past equality of C vs. A and we...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Lookin og fur more upside room left as we could rea...
Read More >
You need to login in order to comment