LULU Major Trend Retest
LULU has been on a huge run since August to recover the majority of the losses from earlier in the year. Now it's all the way back up to the major trendline it broke below earlier this year that started in 2020.
Coming in for the first retest, would expect a rejection of some sort here. Downside target would be around $356, upside is around $450.
Coming in for the first retest, would expect a rejection of some sort here. Downside target would be around $356, upside is around $450.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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