If more better days ahead it consolidates then trades sideways with upside to $50...not so good with retail momos cause of their valuations changing metrics & seasonality . Have played LULU very little & only when it was at extremes
traded 500shrs this am on first trade off $43 to just over $44 , then 800 shrs on the 2nd off $42 pushdown and sold again at $44 before i completely collapsed ... but was seeing alot of size buys getting thrown in down there but completely collapsed so was a good morning but zonked out . But its been pretty faithful holding rsi 30 and the reset double bottom low .
After thanksgiving this has been one hell wild ride last 8weeks and then the central bankers & Fed pulled the latest hayride
Now your kid's going to grow up to be a cliff diver , lol...
Look at how TIF behaved after it got shaved and a little continuation and reshort at the 200 , maybe not the same retail but similar momos , that do tend to come back now because of Xmas .
Would have been a good short scalp today now looking at it , hadn't watched it much after scalping the bounce ....should have thought to since its retail time...same bounce off congestion lows . The middle is the tricky part always :-)