LULU has been in a downtrend since the end of last year. I'm looking for a play at the top trendline which is being hugged by the 50 day MA. I'm interested in shorting it once it gets there again. If it ends up breaking through strongly, will flip sentiment to long.
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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.