brycat23

Bullish Breakout on LULU above 466

Long
BATS:LULU   lululemon athletica
LULU is entering a really important level here and is close to breaking out of a ~3 month descending channel. As a result, I would expect a strong move at breakout if we get one and a swift move to 483 with a high chance of testing 491 in the next few trading sessions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.