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LRCX Crossed Above 20 Day Moving Average on August 27
On Thursday, August 27th, LRCX moved up 1.9% while volume shrunk to 0.4× the usual levels. reversal patterns (Doji - Bearish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 312.46, 306.1 & 301.76, with resistance at 323.16, 327.5 & 333.86.
Current SwingTradeBot Technical Rating of LRCX: B
Today’s move could mean more—check all the signals for LRCX on SwingTradeBot.
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