LULU - out of falling wedge

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Volume
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- neutral

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Price Action
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- Broken out of falling wedge

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Technical Indicators
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- Ichimoku
>>> price below cloud, piercing cloud
>>> Red kumo contracting slightly
>>> Tenken [Conv] - Below clouds & pointing up slightly
>>> Chiku [lagging] - Below clouds & pointing up slightly
>>> Kijun [Base] - Below clouds & pointing up slightly

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Oscillators
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- MACD turning bullish
- DMI turning bullish
- StochRSI, bullish, crossed and entered band

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Conclusion
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- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.

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Positions
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Entry 1 - $181

Stop - $155

Exit 1 - $200
Exit 2 - $223
Exit 3 - $245
Exit 4 - $275
Exit 5 - $300