TRADING TIPS

LRCX Breakout Trade

January 17, 2018

Hubert Senters here. We are looking at LRCX. It’s one of the biggest net gainers on the S&P 500 also cross above the cloud on Ichimoku. It’s about to go into trending territory at $18.45 on the ADX. We need to be slightly above $20. But that’s not terrible we can still use that. So add this to your watch list. This would be an aggressive trade. The initial target would be these most recent highs around to $218 to $220 symbol. It’s LRCX breakout to the high side with a target of $218 to $220. Good luck. Hope it helps. See you on the next video. Hubert.

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