$LRCX
Added 2023-10-16 21:03:00 +0000 UTCI keep getting brought back to this company when in discussions about Semi companies and I am reminded how attractive looking this chart is, along with $AMD and $TSM's.
The Wave 2 is as textbook and controlled as they come and the price now will shortly test the blue line which was the Wave 1 high at $730.
A break above this level is bullish and confirms the Wave 3 with a target level at $1300, at the 1.618 Fib.
So this is another Semi company to consider and I think everyone should have some exposure to the Semi industry for the next few years.
Comments
I'll wait for the earnings tomorrow
Kristof Van Nevel
2023-10-17 08:43:33 +0000 UTC
