LULU Gap to Fill

Sep 30, 2020

LULU found support in this buyer's zone, now finally seeing the bullish MACD cross below zero to retest 330.50. if it can hold 330.5 w/ volume we can see a gap fill to 348-349 range

Oct 2, 2020

Trade active

Still bullish on the daily, with news to bring down the markets; already scaled down but waiting until Monday to make a decision to close out the trade. With a healthy gap fill we could see this one reach new ATH short term.

Oct 5, 2020

Trade closed manually

Closing out runners here with potential formation of H&S reversal pattern on shorter periods. If this is the case, it will either have to form new support ~317 or meet 308 again.