LULU Bullish shorter term Bearish medium term
So this trade opportunity is a bit risky, because price action is likely going to continue to make lower lows over the next several months, possibly targeting the 211 level. I'm not trading that move lower, but aware that it is likely. However, I'm interested in a shorter term trade higher to target the 230.57 level over the next several days to possibly next few weeks. Watching price action here...The idea is higher to 230 and then lower to 211. We will see.
Note
Price action hit our bullish target...now bearish.
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