$LULU
Added 2024-08-30 15:50:13 +0000 UTCEarnings report came out yesterday after the close and they beat on earnings but slightly missed on revenue, market hasn't been too tough on them today after this mixed earnings.
We can see on the chart that there was a test of the 50 Day MA leading into earnings and a pull back has come now
I am looking at the 0.5 - 0.618 Fib levels to see if support can be found here between $250 -$244
Making a higher low will give bulls hope but the price needs to get back above the yellow historical support line and 50 Day MA next.
