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pepestar75

Short this beautiful H&S daily on LULU

Short
lululemon athletica (NASDAQ:LULU)  
pepestar75 Updated   
NASDAQ:LULU   lululemon athletica
Chart Patterns Trend Analysis LULU
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4
chartpattern trendanalysis lulu
My opinion, not a recommendation.

To me, the pattern is clear: Head and shoulder on daily time-frame. It closes today below support, all the 'people' above will trigger stops.... IMHO
SL 150.42.
Comment:
Didn't close below neckline... still short specially today with the market as it is. Will keep an eye on it...
Comment:
Fade... I think it will go back to $163 level
Trade closed: target reached:
faded! Closing this.
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