Wedge forming on daily right below 200 day MA. In my view, LULU's inability to take out the 200 day quickly shows weakness and could fall
apart next week. Weekly chart showing a gravestone doji, indicates a top of a trend; a sign of trapping longs. Either way, if it breaks higher 400; breaks lower 333.
apart next week. Weekly chart showing a gravestone doji, indicates a top of a trend; a sign of trapping longs. Either way, if it breaks higher 400; breaks lower 333.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.