Bull Flag Trying to break out
Updated
LULU looks to be trading in a bull flag pattern with break out at 215.5 Has fallen out of rising wedge pattern which can be bearish..so I feel safer to trade it.
Target 1: 385 to 400
Target 2: 480 to 520
My stop would be under 284/we all have a different tolerance, then I would move it as she rolls.
Be safe and good luck!
Target 1: 385 to 400
Target 2: 480 to 520
My stop would be under 284/we all have a different tolerance, then I would move it as she rolls.
Be safe and good luck!
Note
315.5 sorryNote
Now in a bearish crooked W..seems to be looking for support or possible end of pattern..i hope support comes before end of pattern.
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