TradingView
wolfstreetswinger
Jun 11, 2017 10:45 AM

lulu looking for some recovery Long

lululemon athletica inc.NASDAQ

Description

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

Comments
TradingStatistics
Very nice setup
More