I think 12,500 is where the top will be in , then back where it belongs - yellow local bottom.
Pink mounting resistance + bottom red line formulate giant triangle. This is fundamentally and technically possible in BTC because it's backed by nothing generally speaking. Watching to nail the rejection but trend is your friend with a tight stop loss for now.
Generally stock is oversold on RSI , and about to get positive divergence on MACD. It's all depends on earnings.
Holding cheap mid apr exp calls, about to add more if things are going to get interesting. Tight stop loss. Stock is sitting on significant support /resistance so if it slips - it will slump hard -10/-20$. So obviously earnings is a trade direction...
So 1st wave on 14d chart back in the time of first Hyper Growth Period for LULU had 27 bars , and 2nd wave is somewhat 1/3 shorter.
Current 1st wave is counting 25 bars , and second is more then 2/3 of 25. so it should crack soon.
Triangle play here. All levels are marked, chart is easy to understand. Looks like it bouncing good, fell to .93c and back to 1.09$ right away, so buying pressure is here.
Will see how it plays out on upcoming week.