LULU is oversold and currently at $268 from the time of this posting. I expect it to touch the 8 EMA at $295 with a bounce. I think this is a great area to go LONG on LULU.
Not financial advice, good luck to all :)
Not financial advice, good luck to all :)
Note
Welp! Every analyst under the sun decided to come out with a price downgrade today...I still think this is a great long term play on an over-sold good company.
Cheers!
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Disclaimer
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.