Lam Research Corp. (LRCX) Social Stream
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$LRCX (copied from another site)Hotaz, published August 14, 2021
Based on the most recent 5 years of trading data this stock traded between .71 and 1.67 times the 200 SDMA. The vast majority of the time this stock trades between 1.1 to 1.42 times the 200 SDMA. Currently the stock trades at 1.03 times which is where the stock trades at 21.5% of the time. Over the next 2 weeks the 200 DSMA rises from 562.36 to 572.41 assuming the stock is unchanged at 578. That price action, if maintained, places the probability outcome at 0.000022%. In other words - It won't happen. What looks likely is a reversion back to 1.09-1.16 times over the next 2 weeks which would price the stock anywhere from 623.93-663.99. As such, I would encourage many to ignore the recent price action and go out and buy the stock at a great entry price.