LULU Potential Long Setup
LULU longs fought hard to take out that 325 level, and their award is a new base of support. As LULU consolidates over 325, it could possibly see a strong upward move to confluency at 350. The moving averages are in consensus for an upside move.
Fundamentally, LULU is undervalued at current prices, with new analyst price targets showing a $355 estimate.
Bulls need to hold 325 for this move to sustain.
Fundamentally, LULU is undervalued at current prices, with new analyst price targets showing a $355 estimate.
Bulls need to hold 325 for this move to sustain.
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