$LULU Target 1 & Target 2 hit…

Jan 8, 2022

LULU Target 1 & Target 2 hit…

Well, both entry targets 1 and 2 hit since the last post… so I’m going to be looking to sell some puts at 291…
25 Feb 290 is looking good. Though I might start looking into march 🤷🏻‍♀️ … I’ll update when I take a position one way or the other, likely next week

Also a long trendline support (blue line)

DEFINITELY on my radar for next week…













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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.

Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.

If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.



Have fun, y’all!!

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