LULU longs fought hard to take out that 325 level, and their award is a new base of support. As LULU consolidates over 325, it could possibly see a strong upward move to confluency at 350. The moving averages are in consensus for an upside move.
Fundamentally, LULU is undervalued at current prices, with new analyst price targets showing a $355 estimate.
Bulls need to hold 325 for this move to sustain.
Fundamentally, LULU is undervalued at current prices, with new analyst price targets showing a $355 estimate.
Bulls need to hold 325 for this move to sustain.
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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.