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Amphibiantrading
Nov 28, 2022 1:20 AM

Holding the Breakout  Long

lululemon athletica inc.NASDAQ

Description

Since breaking out of its cup with handle base LULU has held above the breakout level and the left side high of the base. That is something that we haven’t seen much of this year. LULU has formed a nice flag with a multitouch trendline. If LULU can push above the trendline it is actionable

Comments
Djevans03
it's at the .79 and -.34 - can't imagine this thing keeps going up with out a significant pull back - it's also really far away from the 20 EMA. I would expect this is a local top.
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