lulu bullish view for the week ahead, could recover some after a better second quarter with a some what calm after the storm approach low volume on the pullback and the range has contracted nicely after expansion for another possible move up, although i advise caution as price has closed just below its 50ma on the hourly so i would like to see price back above its previous days high before thinking about entering.
Comment:
Hourly trading below the 20ma and just dropping under the 50 i would like to see a move up soon or this could close the gap
Trade closed: target reached