The Long Investor
patreon
$LULU
🕑 Added 2025-02-18 20:46:01 +0000 UTCHands up, who doubted this chart?
ABC correction is confirmed for me now and if the price can lose the $347 support we will get a nice drop down to the 0.5 Fib where we expect the 200 Day MA to move up to at $324....a hold here and you have a buy signal for the next leg up, ultimately moving back up to the top blue line at $517.
Comments
Lennart
Yes, that is an overshooting B Wave - very common in today's markets
Chris H
Been waiting for this stock pullback for a long time!
Kad
One moment, this chart in fact is a lesson for me: Can Wave B go higher than Wave 5 top level ?
