This morning Lam research corp.LRCX is trading lower by $1.60 to $52.43 a share. The stock is coming under pressure after reporting weaker Q3 earning outlook. The stock will have near term intra-day support around the $51.50 area. This is where traders can look for a short term intra-day bounce in the stock.
Nicholas Santiago
InTheMoneyStocks.com
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