$LULU is giving us a double 0.618 Fib hold here
First hold was on the $226 level, second hold on the $244 level, price has now bounced up to the larger 0.5 Fib at $281.
Break above this level and holding and I believe this will follow the other charts that have given us a double 0.618 Fib hold set up
Price went slightly above $281 today but did not hold, so waiting until $281 is a support level is the sensible approach here.