BarnardR

LULU Gap to Fill

Long
BarnardR Updated   
NASDAQ:LULU   lululemon athletica
LULU found support in this buyer's zone, now finally seeing the bullish MACD cross below zero to retest 330.50. if it can hold 330.5 w/ volume we can see a gap fill to 348-349 range
Trade active:
Still bullish on the daily, with news to bring down the markets; already scaled down but waiting until Monday to make a decision to close out the trade. With a healthy gap fill we could see this one reach new ATH short term.
Trade closed manually:
Closing out runners here with potential formation of H&S reversal pattern on shorter periods. If this is the case, it will either have to form new support ~317 or meet 308 again.
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