LULU Bullish Ascending Triangle

Jan 20, 2021

Really nice bullish ascending triangle has formed on LULU. We just has a strong bounce off bottom support line and I believe the price will climb back up to 385 from here and then will attempt to breakout of the triangle. Price may hit resistance at this level however, If a breakout does occur I am confident LULU will hit new all time highs---$400+.

Jan 25, 2021

Note

LULU is right at bottom support level... Watch price action from here as a breakthrough bottom support could bring some significant downside.