$LRCX can rise in the next days

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Contextual immersion trading strategy idea.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide.

On 29 May the company entries on the list of Best Dividend Stocks for May 2020 in Investopedia. It causes a rise in the share price.

At the and of the day the demand for shares of the company looked higher than the supply.

These and other conditions can cause a rise in the share price in the next days.

So I opened a long position from $281,43;
stop-loss — $271,49.

Information about take-profits will be later.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade fermée: ordre d’arrêt atteint
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