Chart Patterns & Algorithmic Trader (Jan. 28, '19) (46)
LRCX Parabolic Arc Pattern
s
Reviewed in CPAT 5/21/18
$LRCX (W) is trading in Parabolic Arc from 07/22/2016 (low: 61.20) to
03/16/2018 (high: 234.88). Parabolic Arc patterns are long-term patterns,
but most of the upside parabolic patterns return to at least 50-62% of its
prior rise in a correction mode.
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