Jump to content

Lam Research Corp.(LRCX:NASDAQ) Elliott Wave Technical Analysis 5 April 23

Recommended Posts

Lam Research Corp., Elliott Wave Technical Analysis

Lam Research Corp., (LRCX:NASDAQ): Daily Chart, 5 April 23,

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.  

TradingLounge Analyst: Alessio Barretta





Lam Research Corp., LRCX: 4-hour Chart, 5 April 23,

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.


Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 04/12/23 14:42
  • Posts

    • As a DeFi and Web3 enthusiast, I find projects like Rootstock Infrastructure Framework (RIF) to be incredibly promising and exciting for the future of decentralized finance. The idea of providing an infrastructure framework on top of the Rootstock blockchain, along with open and decentralized tools, is a step towards making DeFi more accessible and scalable. The RIF token, serving as the native token of the ecosystem, plays a crucial role in facilitating the consumption of RIF products and services. This utility aspect adds intrinsic value to the token and aligns with the broader trend of utility tokens in the crypto space. The fact that RIF is listed on major exchanges such as Bitget, Mexc, Binance, and Gateio enhances its liquidity and accessibility for a broader audience. This, coupled with the ability for RIF token holders to participate in a growing network of decentralized applications (dApps) and products, fosters a sense of community and active engagement I would love to hear from other RIF token holders about their thoughts on the project. What aspects of RIF are you most excited about?
    • If you ever need advice or assistance in navigating the complexities of the mortgage market, I usually consult with Mortgage Broker Chelmsford for all my financial matters. They've been a great resource for me, and I highly recommend reaching out to experts like them for guidance.Let's hope the extension of the scheme provides some relief to first-time buyers and helps stimulate the housing market.
    • Going by what i see on the weekly TF, BTC is heading to $46-48k major price zone level. If it breaks and holds above this zone, then $51-52k is the next minor zone, since its a minor zone, BTC might rally at this zone before deciding to go all the way up or coming back down. Though, I am still mindful of the bearish flag pattern, so there is tendency that BTC could start dumping from any of this zones yah. Lets see how it plays out yah.
  • Create New...