The Long Investor
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$LULU
🕑 Added 2025-04-03 10:23:58 +0000 UTC$LULU is taking a big hit today and it has been a very difficult week for $LULU, they guided down during their earnings release last week and now Trump has announced a high tariff on imports from Vietnam, where $LULU makes their products.
-11% in the PM on this news too.
Price is already at the amber 0.887 Fib at $248 but there is also a risk of a test of the $226 level, which is the larger 0.618 Fib and a support level from August '24.
Below $224 and there is a large drop to the next support level on the 0.78 Fib at $147.
$147 would be very attractive to add at.
Comments
Chris H
This would be a MASSIVE wave 3 after this finds support on wave C.
