Lululemon Athletica (LULU) has recently failed on a later-stage breakout attempt. It broke below the 20-dema yesterday, so may play out as a short-sale set-up here just below the 20-dema while using the line as a covering guide. This is a fluid situation as a re-breakout attempt is always a possibility, thus the reason for keeping a reasonably tight covering guide at the 20-dema.
Short-Sale Set Up - Lululemon Athletica (LULU) 12/23/20
|Published:||23 Dec 2020 10:57 ET|
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