LULU appears to have a H&S going, probably gonna bounce when the daily RSI goes oversold, just in time for earnings.
No position, just looking at it to see where retail sector might bounce. Might be a good long play the week before earnings to get that oversold/pre-earnings pop.
I've made too much money going long on this stock to short it, plus there are crappier companies to short like UAA.
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The reason why I plotted this is so that I don't chase it on a day like today. Will wait to go long, let's see what happens next week.
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Threw a doji, not very bullish at all.
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This is actually holding its own, but the price level is the same as post earnings last quarter, no trade to be made here.