Stock Of The Day: Where Will The Lam Research Selloff End?

Shares of Lam Research Corporation (NASDAQ:LRCX) are higher Wednesday. This follows Tuesday’s selloff of almost 6%. There was a sign on Monday that the stock would trade lower Tuesday. This is why Lam Research is our Stock of the Day.If understood and applied correctly, technical analysis is the study of supply and demand in a market.If a stock is going down, the bears are in charge. There isn't enough demand or buy orders to absorb all of the supply or sell orders. Sellers must undercut each other's prices ...