Today, my buy order for $LRCX (-3,98%) was triggered after the stock fell below the 50 % Fibonacci retracement level from its ATH.
As part of my Blue Chip Fibonacci Portfolio, this is exactly the type of setup I'm looking for. My strategy isn't about predicting the bottom. It's about accumulating high-quality companies at predefined levels while managing risk through position sizing.
The semiconductor sector has recently faced pressure as investors reassess AI spending, memory pricing cycles, and capital expenditure budgets across the industry. At the same time, the long-term trend remains intact: more computing power, more storage, and more advanced chips require more sophisticated manufacturing equipment. That's where Lam Research comes in.
✅ Buy order triggered according to plan
✅ Position sizing respected
✅ Risk management remains intact
✅ Ignore short-term noise
Will the stock go lower? Maybe. Will the long-term demand for semiconductors disappear? I highly doubt it.
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