LULU: Volume rising after HFT gap up above a support level
LULU has a consolidation that moved up above the previous recent new high. The stock gapped up on HFT action to the current level. Volume is rising. The support levels for the recent gap are the Sept high and the February high. This is weak support for swing trading or momentum style trading. Earnings are expected at the end of May.
Martha Stokes, CMT
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