$LULU
For years, I was always late. I bought at the wrong time because I was too distracted by red candles and too attracted by green ones.
To become a consistently profitable investor, you must learn to look for discomfort. That is exactly where risk is priced in.
And $LULU was very uncomfortable. My edge isn't about feeling "safe", it’s about knowing that when the fear is at its peak, the opportunity is at its greatest.
$LULU
Seems about right...
5 waves up
3 waves down
Price hit a very standard pullback zone and had support confluence with the monthly 200MA and large increase in volume
Seeing bullish price action lately, will be looking for the double fib and higher low
Lululemon Athletica | $LULU | Diario
Estructura técnica:
El precio viene de una fase correctiva prolongada y actualmente se encuentra en una zona de consolidación lateral justo por debajo de una resistencia clave.
La estructura actual sugiere consolidación alcista bajo resistencia. De superar el nivel de $216, el precio tendría el camino abierto para buscar el nivel de $244, siempre que la ruptura venga acompañada de volumen.
Stocks trading below book value
Low P/E ratios
Strong balance sheets (no/low debt)
Stable earnings history
$LULU
buy when beat up. This is going to be a massive turn around story.