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lululemon athletica
Long

LULU Bullish Ascending Triangle

By LivermoreGrahamDisciple
Updated
Really nice bullish ascending triangle has formed on LULU. We just has a strong bounce off bottom support line and I believe the price will climb back up to 385 from here and then will attempt to breakout of the triangle. Price may hit resistance at this level however, If a breakout does occur I am confident LULU will hit new all time highs---$400+.
Comment
LULU is right at bottom support level... Watch price action from here as a breakthrough bottom support could bring some significant downside.
Ascending TrianglebreakoutBullish PatternsbullishascendingtrianglebullishtrianglebulltriangleChart PatternsLULUTriangleupside

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