Lulu looks like it's still playing out H&S with the neck line at $282.
Breaking down below $282 neck line will be bad and could send the stock to $247 again.
The full measured move for the break down is $75 and it is quite hard to imagine the stock going down to that level.
I am neutral. 👀ing for opportunity to load.
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
Breaking down below $282 neck line will be bad and could send the stock to $247 again.
The full measured move for the break down is $75 and it is quite hard to imagine the stock going down to that level.
I am neutral. 👀ing for opportunity to load.
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.