$LULU
Added 2024-11-25 21:22:55 +0000 UTCIf EWT needed a spokesperson, then $LULU has a new job.
Wave 2 held on the 0.618 Fib
Wave 3 hit the 1.618 Fib and 200 Day MA and rejected
Pulled back for Wave 4 and held on the 0.38 Fib at $300 and has now bounced nearly +10% to the 200 Day MA again and finished the day above this level.
Wave 5 has not changed at $371.
Holding above the 200 Day MA gives this the all clear to move higher.
Stunning movement.
Comments
That said, I might give this one a miss since it’s just the remainder of wave 5, and aim to enter for primary wave 3 later.
Chris H
2024-12-01 17:40:28 +0000 UTCNo holding above 326 just yet, but looking promising here too. Looking at LULU and ONON in the same boat of strong brands that filled the gap when Nike went full-online.
Chris H
2024-12-01 17:39:37 +0000 UTCOh, I meant based off the chart provided here it appears to be the target between now & 2025. But then again I could be misinterpreting this.
DTrades
2024-11-27 19:37:18 +0000 UTCPlease don't try and predict the timing of this
Gareth Neary
2024-11-27 19:10:03 +0000 UTCIf I’m reading this correctly, then wave 5 is estimated to hit before the end of the year correct?
DTrades
2024-11-27 18:59:09 +0000 UTCThis has been a great position to be in since the lows. Thank you Cap
Massey
2024-11-26 05:56:25 +0000 UTCTextbook. I’m considering adding after a higher low hold
Chris H
2024-11-26 00:42:48 +0000 UTCDoing well here too thanks Cap
Nick E
2024-11-25 22:23:20 +0000 UTCInsane structure here Cap, so far has been like a magnet 🧲 - thanks a lot for this!
Kad
2024-11-25 21:28:43 +0000 UTC
