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Is LRCX ready to move lower? 180 Bearish Setup shows up after plummeting 5.24%
On Friday, August 28th, LRCX moved down 5.24% while volume was to 0.7× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 295.87, 289.84 & 278.63, with resistance at 313.11, 324.32 & 330.35.
Current SwingTradeBot Technical Rating of LRCX: C
Today’s move could mean more—check all the signals for LRCX on SwingTradeBot.
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