LAM RESEARCH CORP BULLISH ENGULF COULD TAKE STOCK TO BOC LEVEL

With the 2 week LRCX candlestick showing bullish engulf, Lam Research Corporation may be ready to rally up to re-visit the Bearish Order Candle (BOC) at $347.19. Depending on market open on Monday, a gap-up above current price would likely be good to enter the stock at 306.22 while gap-down below current price might be good above 292. There is possibility for the stock price to drop to 270.

Risk: Market sentiment remains bearish.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades