I went long on LULUAfter it breaks above the support level at 361.66, I decided to take a small position in this company. The question is will it continue to rally or maybe fall back down again?
Nobody knows, we are all betting with a certain amount of probability , back by financial figures, story of the company to convince you that this is a worthwhile company to take a stake in. Thus, it is crucial to be conservative in the beginning and until the chart shows you what you want to see, then you can add more in tranches. It is a marathon, so be patient, no need to rush.