V Bottom Rising WedgeLULU fell from a rising wedge and perhaps forming a bottom here. Can't be sure tho. Oversold. NV is high
Resistance overhead from gap down.
LuLu broke from a V bottom a while back and has made extraordinary gains
I guess too much buying though without healthy pull backs
Strong stock and I feel sure she will recover.
Monthly candle looks like the stock could fall a bit more.
I see strong support at 297.93ish
Long when a bottom is formed.
Not a recommendation