Some Stocks to Look at – (a peek inside my trading room) – LULU,

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I commence with my gratitude to The Ultimate Knower

LULU, has completed a certain price cycle, from which it has declined before, therefore, if history stands correct then, LULU is very highly likely to retrace, a good short trade. July $115 or Aug $105 could be a way to do it.

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

1 thought on “Some Stocks to Look at – (a peek inside my trading room) – LULU,”

  1. Anonymous

    Thanks Mr. Syed,

    Looking at the daily and hourly chart of the S&P, do you find the pattern a bit odd in the sense that it hasn't retraced that much since the run up to July 1st?

    Would love your thoughts on this and any forecasts.

    thanks again.

    Patrick.

    Reply

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