Lam Research Corp

LRCX shows exhaustion of forced liquidation and a Post-Capitulation base, set against a rising long-term trend. The medium-term bias is bullish under mean-reversion eligibility, and short-term conditions—oversold RSI and a pullback into declining EMAs—favor entry now near the recent support zone.

• ↑Q2 revenue of $6.72B (+30% YoY) with record 52% gross margin.
• ↑38.4% operating margin topped guidance and underscored efficiency.
• ↓Earnings yield and book-to-price metrics point to overvaluation.