$LULU
Added 2024-11-01 15:42:16 +0000 UTCVery close to its 1.618 Fib for its Wave 3 target now, after jumping +6% today.
We can see that $LULU found support on the 150 Day MA (in orange) over the last 2 days and was able to bounce to a higher high off this level.
As always, the 1.618 Fib is the target for Wave 3....it may overshoot slightly as the 200 Day MA is waiting above at $336 as resistance.
Holding on the Wave 4 level at $292 for now would be a good entry to add for Wave 5 next.
