LRCX is completing wave 4 with a retest of old downtrend resistance for new support. Wave 5 will complete around 508-527.
After that it will consolidate and determine if that impluse is a larger degree wave I - if so it will continue to 600+
After that it will consolidate and determine if that impluse is a larger degree wave I - if so it will continue to 600+
Note
658.52 by end of December 2022
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.