Bullish EMA Stack Supports LRCX Rally to $347.49
Lam Research Corp (LRCX) ticked higher by 2.18% to $347.49 on October 5.
Technical indicators paint a bullish picture:
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Traders are watching $261.51 on the downside and $349.34 on the upside.