Lam Research Corp (LRCX:NASDAQ)

LCRX’s Wafer Fab Equipment base is an indispensable factor in the company’s success, as it provides crucial technological support for their Customer Support Business Group. This particular segment drives over a third of LCRX’s total revenue, highlighting the importance of their advanced machinery. Lam is a recognized leader in the semiconductor industry, with deposition and etch techniques vital to the creation of smaller and more efficient chips. These developments have a significant impact on industries in cloud computing, mobile devices, 5G, and artificial intelligence. 

As long as the stock remains above $455.00-$465.00, we are bullish on LCRX, with an upside target of $680.00-$700.00, there is plenty of potential for growth in this sector, making it an exciting time for anyone following the company’s progress.

Anglogold Ashanti (AU:NYSE)

As gold prices hit all-time highs in various currencies, many are wondering when the U.S. Dollar will follow suit. This would confirm a new bull market in metals, leading to a boost in stocks like AU. This company is particularly appealing as its board prioritizes returning capital to shareholders, with a Payout Ratio of 61.03%. 

If AU remains above $22.80-$23.00, we believe it has the potential to reach an upside target of $37.00-$39.00. As we await the U.S. Dollar to catch up with the rest of the world, we remain bullish on the precious metal industry and companies like AU.

Bitcoin Dominance (BTC.D)

The dominance of bitcoin has re-closed above its range high.

However, we need to see a daily close above 48.87% (the previous daily high) for it to show true strength. If we don’t get it, this might just be another upside fakeout; dominance might easily break back down into its range again, giving altcoins some relief along the way.

BNB/USDT

The medium time frames of BNB’s STOCH RSI indicate that the price is oversold, providing an opportunity for it to establish support, reversal its trend, and testing $338-$347. 

BNB will test support at $300-$305 if support between $320 -$330 and the daily support line fail to hold. 

Should Bitcoin Dominance change direction (go down) in the coming days, money will move from Bitcoin to large-cap, giving BNB a bullish chance.