SamSuka
The Long Investor
The Long Investor

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$LULU

$LULU continues to look incredibly strong and if you were to look at this chart, you would never determine that the market really struggled over the last 3 months.

The price bounced very well on the 200 Day MA after it reported its earnings at the start of October.

The price is right at the apex of the ascending triangle now, sitting on top of the 50 Day MA too....I suspect a big move is coming here next.

Staying above the top of the triangle will indicate that this is going higher next......going below the 200 Day MA at $360 would be the risk area.

$LULU

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