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Non-Tech : Kirk's Market Thoughts
COHR 185.66+5.7%Dec 19 3:59 PM EST

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To: Kirk © who wrote (11704)8/13/2021 11:20:40 AM
From: robert b furman  Read Replies (1) of 26812
 
Hi Kirk,

It seems to me that LRCX may be in a C wave down..

The corrective 5,3,5 started from the recent hi of 673.80.

A went from 673.80 to608.58 on 6/21

B went up to 654.59 on 629

C has so far traced out a abc x abc or a 3,3, and now has begun the 5 wave C down?

I wonder if it is due a touching of the 200 ema @556.98 or 560.80 sma?

Macd needs more time but RSI and Stochastics fast and slow are looking juicy.

stockcharts.com
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