LULU
#LULU The accumulation triangle has been formed and broken (see the yellow circle). Since the ABCDE wave in the triangle is not fully formed, a retest is quite possible (shown by blue lines). The paper holds patterns and moving averages well. There are 3 growth targets - they are shown on the screen, the total growth goal is + 30%.
Order cancelled
The trade is canceled, the entry pattern is broken. You can fix the loss, or leave the position in the medium term to wait for the target.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.