The Long Investor
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$LULU - WATCHLIST -
🕑 Added 2025-03-18 13:04:44 +0000 UTCWe have walked you up from $225 to $420, then back down to $325 and I think it could be time to walk you through this moving higher again.
Price has held very nicely on the confluence level between the 0.5 - 0.618 Fib range where the 200 Day MA has been waiting at $320. Price is already back above the 0.5 Fib level now so we are watching for the start of a new impulse wave, so as always we watch for a series of higher highs and higher lows next, and just like the $VSCO, $TGT and $GRAB charts just shared, this is in a good position to move higher and I believe $LULU is the strongest company right now.
A hold now above the $323 level and you have your buy entry.
Comments
Chris H
Went back down - lower low for wave C. Waiting for support
Janko
Bear case drop
Chris H
Looks like we have a higher low and higher high confirming wave 3? What do you think @vol @cap
