LULU appears to have a H&S going, probably gonna bounce when the daily RSI goes oversold, just in time for earnings.
No position, just looking at it to see where retail sector might bounce. Might be a good long play the week before earnings to get that oversold/pre-earnings pop.
I've made too much money going long on this stock to short it, plus there are crappier companies to short like UAA.
No position, just looking at it to see where retail sector might bounce. Might be a good long play the week before earnings to get that oversold/pre-earnings pop.
I've made too much money going long on this stock to short it, plus there are crappier companies to short like UAA.
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The reason why I plotted this is so that I don't chase it on a day like today. Will wait to go long, let's see what happens next week.
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Threw a doji, not very bullish at all.
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This is actually holding its own, but the price level is the same as post earnings last quarter, no trade to be made here.