Seeking Alpha

InTheMoneyStock...'s  Instablog

InTheMoneyStocks.com
Send Message
InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
My company:
InTheMoneyStocks.com
My blog:
Pro Traders Rant and Rave Blog
  • LRCX Is Selling Sharply. Watch This Level.  0 comments
    Jan 3, 2011 9:52 AM | about stocks: LRCX
    This morning Lam Research Corp.(NASDAQ:LRCX) is declining sharply lower this morning. This decline in LRCX comes as the overall stock market indexes are starting the morning sharply higher. This tells us that the stock is very weak relative to the major stock indexes. The LRCX stock will have some minor intra-day support around the $50.50 level which could see a small minor bounce. Another important intra-day level that could get a decent intra-day bounce would be the $50.00 - $50.06 level.



    Nicholas Santiago
    InTheMoneyStocks.com
    Stocks: LRCX
Back To InTheMoneyStocks.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.