Lam Research Stock Discussion

Money Thrill : I look again at all the lines KDJ 1 month and 3 months and daily  ... seriously overbought  ... now moving from 100 (very high) towards 80 ....  must go down to 70, 60 or even 50 .... that's the momentum  

102796003OP Money Thrill: Oh looks like price shld travel down like 1050 or lower…

Money Thrill 102796003OP: It can be in next days .... i wait for entrance  .... the most of my shares  and etf's (30 )  are in green expect Broadcom

Money Thrill Money Thrill: I follow shares over months to one year before entrance because i am long time investor (2 à 5 years). I evaluate every week

Money ThrillOP : All TA lines not good even KDJ lines. .... seems overbought and downwards movements?

杀人放火金腰带 : 1025

Money ThrillOP 杀人放火金腰带: I hope .... but it can be. ... yes it is the last resistence 1025 ... then i enter?  ROIC  is good 21 %,  EBITDA also 965 mln,  free cash flow 970 mln. but little down by before. But if many insiders have selled... it is not a good sign this time  .... so it must drop more ... 1025 ?

Money ThrillOP : I look again at all the lines KDJ 1 month and 3 months and daily  ... seriously overbought  ... now moving from 100 (very high) towards 80 ....  must go down to 70, 60 or even 50 .... that's the momentum  

Money Thrill : Yes, normal. i see it at the TA lines and also KDJ momentum line. I follow just $Lam Research (LRCX.US)$  . Just look at fundamentals  now ?

10baggerbamm : so tomorrow will probably be the last day of the rebalancing for mutual funds and hedge funds and ETFs that are specifically bound not to have an equity exceed a certain percent of the portfolio at the end of a quarter. so a lot of the selling start with Nvidia right at the top of the list has been because posts split it ran up significantly and now it makes it very easy for these managers to sell off rather than one share that was $1,030 now they've got 10 shares so a lot of the selling with Nvidia and a lot of the selling with the other tech stocks predominantly in the chips sector because of their performance is due to rebalancing to bring their portfolio down to the maximum level that a security cannot exceed a certain percent so if it's 5% and Nvidia became 11 they had to sell off 6% and they couldn't move it for example let's suppose you ram managed two mutual funds and your second mutual fund didn't have any position of Nvidia you can't move it from one to another you're selling it in the open market. so that's why lamb research took a dump and you're seeing a lot of the other ones role as well because it's rebalancing and it ends tomorrow because July 1st is Monday

102796003OP 10baggerbamm: Wow. Thanks for the insights.

10baggerbamm 102796003OP: you're welcome, anytime