SamSuka
The Long Investor
The Long Investor

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$LULU

Found support on the trend line and just above the 0.5 Fib at $323, I expect a move up to complete Wave B at the 200 Day MA, where I expect the price action to reject and move down to complete Wave C.

A rejection at the 200 Day MA should be a signal for those to exit their positions if they are not happy to hold through Wave C down.

$LULU

Comments

Think we're done here with C? I take it where you place the C on your chart is not connected to the date it lines up with?

swan786

Thanks. Can we share your charts?

Mustang


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