Hi everyone:
LULU has some great potential for more bullish run to the upside.
We see price had a massive impulse to the upside, and already broken the previous top before the sharp dropped from Covid.
Now price is forming a continuation structure, and looking very promising for another bull run.
Currently this structure is not complete, so I would like to see price goes down correctively once or twice more to complete this continuation pattern before buying from the bottom of the structure.
That would be the best Risk:Reward trade to go long.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
LULU has some great potential for more bullish run to the upside.
We see price had a massive impulse to the upside, and already broken the previous top before the sharp dropped from Covid.
Now price is forming a continuation structure, and looking very promising for another bull run.
Currently this structure is not complete, so I would like to see price goes down correctively once or twice more to complete this continuation pattern before buying from the bottom of the structure.
That would be the best Risk:Reward trade to go long.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.