I've been eyeing this one for several weeks anticipating this bearish breakout from the distribution phase LULU's been stuck in since January. Heck of a way way to break down. If the current candle holds and closes below the support level at 59 then i'll take up some longer term puts on this. This could last a while
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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.