LULU watch $268 (again): Double Golden fibs may Break this time

1 May

LULU bounced back into the tight confluence of Goldens.
Golden Genesis at $267.70 and Golden Covid at $268.74.
These mark a major landmark in the lifetime of any asset.

13 May

İşlem aktif

Houston: We have IGNITION

(yellow shaded area is from posting time onward)

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Closer look with notes:

Got a PING entry on our support zone.
Got a PING Exit on Genesis fib, closed 50%
So locked in 15% gains on 1/2 position for now.

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What Next?

Hopefully two more TP's (Take Profits)
Expecting a dip/consolidation first.
Stop Loss at Break Even so no loss.

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20 May

Not

TP2 Hit

Still waiting for TP3 but maybe a dip first.

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10 Haz

İşlem kapandı: durdurma seviyesi

OUCH

Earnings DUMP took out our Stop Loss.
So we took two profit levels and that was it.
That's why we take profits as they come.

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Now to look for next opportunity given by fibs.

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