LULU - My favorite chart RIGHT NOW!

I will be so happy if this continues to dip and wants to fill the gap at 351/340. This thing is poised to explode and I am scooping it up every chance I get.

DO YOUR OWN RESEARCH and let me know what you think :)

I am excited about this one because I love the company and I love the chart.

Happy Trading :)

交易進行

Officially closed the gap with yesterdays dip below 347!

Eyeing a few levels for a position build here - the lower we go, the more enticing the opportunity and the larger the pushback you should see from buyers. Most importantly we want to continue to see lower-than-average volume (especially on the red days - like we saw yesterday).

$341-$331 Liquidity zone

$326 - Former purple selling channel breakout/retest

$317 - 200-day SMA and bottom of strong yellow buying channel

註釋

A cleaner look at the weekly chart and HTF algorithms in play.

註釋

Beautiful retest of the purple selling channel and bottom of our demand zone. Looking to see continued volume and rejection of this level at $330.

註釋

Holding our all important $330 liquidity zone after a 200-day retest. With earnings this evening after hours, I like the way this is shaping up with important liquidity levels being reclaimed alongside strong bullish volume.