$LULU
Added 2024-12-06 13:18:38 +0000 UTCUp +8% in the PM now after a double beat on earnings yesterday.
A clean earnings was all that was needed to finalise a perfect impulse wave
Everything about it was perfect:
The Double 0.618 Fib hold in August and the Wave 2 pull back
Wave 3 running to the 1.618 Fib and 200 Day MA
Wave 4 pulling back to the 0.38 Fib
Breakout above the 200 Day MA and run to the 2.618 Fib for Wave 5
I have added in the 3.618 Fib which is at $422 if it goes extended now
Price is now above the 200 WMA at $353, so I will watch for a retest of this level after Wave 5 completes, holding above this level and $LULU can move higher
So there is no rush to sell right now if you are in until there is a rejection at either level for Wave 5.
Comments
$400 now I’m in same boat. Appreciate your help Cap! ❤️
Nick E
2024-12-06 14:37:05 +0000 UTCI'll watch it closely
Gareth Neary
2024-12-06 13:34:05 +0000 UTCThat was an easy 30% for me from the moment I have entered only a few weeks back - thanks a lot Cap! I am gladly holding until you advise on next days that a rejection is observed
Kad
2024-12-06 13:33:31 +0000 UTC
