lululemon athletica
Long

LULU - +25% upside with 1:2.5 RR

257
Nice play from the lows on the weekly an monthly.

Momentum building and could see a boost in price action after the fed rate cut.

Could be a big winner if other catalysts come into play.
Note
Seems a failed move. I am watching carefully the open today.

I might raise SL to minimise losses and not accept the current loss.

Situation changes, I adapt.
Note
Further consolidation but SL not hit.

I am giving it time to breakout for a second time and hopefully build up momentum.

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