What chart pattern is ChartPattern.io tracking on Lam Research?
ChartPattern.io is currently tracking Double Bottom on Lam Research in the Technology stock. Secondary context includes Falling Wedge and Double Bottom.
Live Technology stock scanner page for Lam Research. Review the double bottom setup, chart structure, and trade levels in one place.
Traders are watching Lam Research (LRCX) as price action tightens. The stock is trading at $253.82, up 5.39% on the day. Our AI has detected a valid Double Bottom pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $352.56, targeting $479.98 with support near $288.85 (R:R 2.0).
LRCX is part of the Technology stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $352.56, a stop around $288.85, and a target near $479.98.
Double Bottom
41/100 CP Index
Entry $352.56 · Stop $288.85 · Target $479.98
Traders are watching this Double Bottom on LRCX. Inspect the chart now.
Expanding volatility. Sign of instability.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
What is your outlook on LRCX?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on LRCX.
ChartPattern.io is currently tracking Double Bottom on Lam Research in the Technology stock. Secondary context includes Falling Wedge and Double Bottom.
The current trade plan points to an entry near $352.56, a stop near $288.85, and a target near $479.98.
Lam Research currently leans neutral. The page is showing a CP Index of 41/100, which helps summarize the current technical setup.