Lam Research’s most recent trend suggests a bearish bias. One trading opportunity on Lam Research is a Bear Call Spread using a strike $52.50 short call and a strike $57.50 long call offers a potential 14.94% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $52.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock rose above the $57.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Lam Research is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Lam Research is bearish.
The RSI indicator is at 33.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Lam Research
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Thu, 21 Nov 2013 00:22:43 GMT
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Lam Research’s Management Presents at UBS Global Technology Conference (Transcript)
Wed, 20 Nov 2013 00:48:02 GMT
Seeking Alpha – Foundry, the second half of 2013, we are seeing at least one foundry player start to make investment in 20-nanometer capacity, and actually we saw the pace of those investments accelerate in the back half …
LAM RESEARCH CORP Financials
Thu, 14 Nov 2013 18:04:15 GMT
LAM RESEARCH CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
Wed, 13 Nov 2013 21:32:05 GMT
Earnings Expected to Increase for Applied Materials
Tue, 12 Nov 2013 15:06:00 GMT
Forbes – Wall Street is expecting higher profit for Applied Materials when the company reports its fourth quarter results on Thursday, November 14, 2013. The consensus estimate is calling for profit of 18 cents a share, a rise from six cents per share a year ago. The consensus estimate remains unchanged over the […]
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