A Lulu of a Setup
Lululemon athletica (LULU) is calling my name here. From an old buy setup in this stock, we still have not met the minimum target for the trade off the Nov. 15 low. This target still comes in above the market at the $82 area.
Recently, we have seen a healthy decline from the January highs in this stock, and I have identified a key Fibonacci price cluster zone for a buy. The zone comes in at the $69.66-$70.70 area. This zone is the coincidence of:...242 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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