LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯
LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern!
Will it bounce again?! Drop a comment below.
The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust!
My Short Term PT for this chart is: 🎯$80
My Long Term PT for this chart is: 🎯$107
Not financial advice! 🖖
Note
Don't look now but we just formed a HAMMER CANDLE on the Daily and Weekly Chart right at the bounce point I outlined above. BULLISH heading into earnings! Note
Note
So market tanks pretty hard today and this name still can't break that Cup n Handle support Barrier?! BULLISH! Note
Gonna be Deep in the money on my options tomorrow. $80 price target will get hit this week after a great earnings by 🖐️ High Five Strategies
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📈 Stocks, Cryptos, ETFs, Levered ETFs
📱 Find me on other Socials
🌆 High Five Community 👇
whop.com/highfive-pro/
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.
🖐️ High Five Strategies
📈 Stocks, Cryptos, ETFs, Levered ETFs
📱 Find me on other Socials
🌆 High Five Community 👇
whop.com/highfive-pro/
📈 Stocks, Cryptos, ETFs, Levered ETFs
📱 Find me on other Socials
🌆 High Five Community 👇
whop.com/highfive-pro/
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.