LRCX Showing Bullish Charts Leading into Earnings tonight
Trend Analysis:
-->Looks to be breaking resistance at $215. Strong earnings will likely allow the price to break through.
-->Hit support early today around $208
Indicators & Overlays:
-->MACD looking to cross over close to 0
-->DMI+ looking to cross over DMI- in an upward trend
-->RSI showing resistance at 40 and moving upward back to the 80 range
-->Looks to be breaking resistance at $215. Strong earnings will likely allow the price to break through.
-->Hit support early today around $208
Indicators & Overlays:
-->MACD looking to cross over close to 0
-->DMI+ looking to cross over DMI- in an upward trend
-->RSI showing resistance at 40 and moving upward back to the 80 range