Lam Research projects $8.1B September-quarter revenue with WFE seen in low $150B range
Lam Research expects its revenue for the September quarter to be $8.1 billion, anticipating that the WFE (wafer fabrication equipment) market will be in the low $150 billion range.
We are considering an entry based on the potential to break through resistance levels following the upward revision of earnings guidance. Recently, the price has experienced significant volatility, fluctuating between $250 and $310, and has been on a downward trend; however, there are signs of a movement attempting to escape the oversold territory alongside the news of the guidance revision.
If the resistance level of 270 is broken, leading to additional upward momentum, I will sell at a take-profit price of 290.0. If the support level of 240 is breached, I will sell at a stop-loss price of 230.0.
The RSI(14) is at 40.0, indicating that it is moving out of the oversold range.
Past Similar Success Cases: LRCX, 2026-07-31 03:27:42, Return 18.0%, News: Lam Research projects $8.1B September-quarter revenue with WFE seen in low $150B range.
It recorded a return of 18.0%, significantly exceeding the forecasted return of 8.5%. The scenario of breaking through the resistance level due to the upward guidance was successful, but the fact that the actual return was higher than predicted suggests that there was room to utilize volatility more aggressively.
We have confirmed the explosive potential when fundamental positives, such as an upward revision of guidance, coincide with a technical rebound (RSI breakout). In the next trading session, I will consider a strategy to maximize profits by calculating the momentum more precisely when breaking through resistance levels.