Good Day Trader!
LULU again showed a bullish divergence. What is different this tie? We have huge volume. which is a positive sign and soon we may see the Stock price rise after some consolidation. To have less risk we may plan to enter after the break out of the last Higher High as shown in the chart. Or we can take some positions in the consolidation for higher risk to reward ratio.
Thank you for following the channel, will to posting more charts.
Happy Trading!
LULU again showed a bullish divergence. What is different this tie? We have huge volume. which is a positive sign and soon we may see the Stock price rise after some consolidation. To have less risk we may plan to enter after the break out of the last Higher High as shown in the chart. Or we can take some positions in the consolidation for higher risk to reward ratio.
Thank you for following the channel, will to posting more charts.
Happy Trading!
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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.