SamSuka
The Long Investor
The Long Investor

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$LULU

Can anything stop $LULU's massive cult following and rise?...it's clear that they are doing everything right. Chart looks good, brand is executing excellently, product is great and margins are fantastic.....this has held above the trend line again, very positive looking chart here.

$LULU

Comments

Ideal here for a long term play but if it pulls back again and holds, wave ii will then be complete for sure

Gareth Neary

Because it held the 200 Day MA, ii could be complete but the three subwaves are not clear for on this daily chart. It may come back to retest the trend line or 200 Day MA again

Gareth Neary

Would you say it’s completed ii and on its way to iii? Or still need to complete ii? I see that it has not finished ii but I’m not 100% sure because we know waves don’t have to be precise to the one hundredth of Fib.

SLim


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