Excellent technical breakdown. The LRCX analysis really nails something most people miss, which is that memory exposure cuts both ways and timing the entry actualy matters more here than with ASML's monopoly. Your 135-130 and 125-121 pullback zones make alot of sense given that the impulse looks mature and the ABC corrective structure is probablyonly in wave b right now. The patience angle is key because LRCX always looks expensive until suddenly it doesn't.
Excellent technical breakdown. The LRCX analysis really nails something most people miss, which is that memory exposure cuts both ways and timing the entry actualy matters more here than with ASML's monopoly. Your 135-130 and 125-121 pullback zones make alot of sense given that the impulse looks mature and the ABC corrective structure is probablyonly in wave b right now. The patience angle is key because LRCX always looks expensive until suddenly it doesn't.
Totally agree. Lam is the one name in this group where price always looks wrong until the cycle resets.
The torque is incredible, but so is the whipsaw if you’re early.
That’s why I’m letting the ABC finish and only getting involved once the 120s/130s flash.
Patience gets paid here.