TRADING TIPS

LULU About to Make a New High

Hubert Senters here. Let’s take a look at LULU. One of the bigger net gainers today and it’s actually acting quite well. Now, you’re going to have a little overhead resistance right here in the $163-ish area but after it clears that I see no reason why it can’t go to $180 maybe even $200 so take a look at Lululemon, LULU is the stock symbol. And it looks pretty good it’s acting fairly decent and I think it’s basically the highest it’s been in a very long time $164. Let’s take a look at the weekly on that bad boy. Yeah, so it’s going to put that in there. It’s going to take out that high as long as the market will continue to go up this thing will go up with it so overall not too shabby. I’m going to doing a special webinar on risk reward ratios which if you don’t use good risk reward ratios you should learn how to do that it’ll help you out a lot. It’s going to be Wednesday, February 13th at 8PM EST. Good luck. Hope it helps. And I’ll see you on the next video. Hubert.

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