Updated

LULU - $155 Nice Entry Point / $200 Exit Point

0. Notes to follow;

Note

1. Area from $155 to $150 is a Supply Zone, and offer support, and a great entry point;

Note

2. If LULU retraces, this will form a descending wedge, and we may breakout nicely to the upside from there.

3. We are suggesting a $155 or so Entry

4. We are suggesting a $200 price target if the wedge complete, the Market stabilizes and we move upwards;

5. $200 would be a May 15th Target

Trade closed manually

We exited at $200 as outlined. Great trade.

-drchelsea

drchelsea1

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drchelsea1