Earnings were today after market closed.
Possible stop under C or where you see support. Under pocket pivots/green triangles/can make a decent stop.
The definition of a Pocket Pivot is the day’s volume must be larger than any of the down volume days in the prior 10 days. Pocket pivots are a way to identify institutions’ footprints within a base or an uptrend.
This buying will leave behind a volume signature, and that volume signature is called a pocket pivot .
The Bullish Shark is labeled OXABC and peak 2 is higher than peak 1. The Shark is considered a pattern of price exhaustion and there is also a bearish version. The shark should have it's final leg (BC) end at the .886 or the 1.113. This one hit between these 2 fib levels.
There are also 3 bottoms (blue stars) close in price. The first and lowest one is 269.28.
Several bear flags on the way down denoted in white.
Short is 2.2%.
LULU is known to be volatile.
No recommendation.
Possible stop under C or where you see support. Under pocket pivots/green triangles/can make a decent stop.
The definition of a Pocket Pivot is the day’s volume must be larger than any of the down volume days in the prior 10 days. Pocket pivots are a way to identify institutions’ footprints within a base or an uptrend.
This buying will leave behind a volume signature, and that volume signature is called a pocket pivot .
The Bullish Shark is labeled OXABC and peak 2 is higher than peak 1. The Shark is considered a pattern of price exhaustion and there is also a bearish version. The shark should have it's final leg (BC) end at the .886 or the 1.113. This one hit between these 2 fib levels.
There are also 3 bottoms (blue stars) close in price. The first and lowest one is 269.28.
Several bear flags on the way down denoted in white.
Short is 2.2%.
LULU is known to be volatile.
No recommendation.