On the weekly timeframe, price is sitting right on a major support zone, the same level that previously acted as a strong floor back in 2020.
Given the significance of this area and the reaction we’re starting to see, I think the price has the potential to reverse from here and push higher in the coming weeks.
📌 Conclusion: My outlook leans bullish from this level — the weekly support is strong, and I expect LULU could stage a reversal to the upside. Still, markets are unpredictable, and this remains only my view.
👉 For more structured market insights and professional analysis, follow along.
Given the significance of this area and the reaction we’re starting to see, I think the price has the potential to reverse from here and push higher in the coming weeks.
📌 Conclusion: My outlook leans bullish from this level — the weekly support is strong, and I expect LULU could stage a reversal to the upside. Still, markets are unpredictable, and this remains only my view.
👉 For more structured market insights and professional analysis, follow along.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.