Shorting $LIT off the highs.
Looking to enter between $4.60 and $4.70, targeting $4.45, $4.30, and a final target at $4.15. Invalidation is set at $5.01.
Since we're trading against the dominant trend here, manage your risk and size down. As long as $5.00 holds as resistance, this pullback scenario is active. After a massive vertical rally, retracing to $4.15 would just be standard price action.
$LIT
$SUI
#LululemonTumbles20%OnWeakGuidance #USAugustJobGrowthNearlyTriplesForecast
Looking to enter between $4.60 and $4.70, targeting $4.45, $4.30, and a final target at $4.15. Invalidation is set at $5.01.
Since we're trading against the dominant trend here, manage your risk and size down. As long as $5.00 holds as resistance, this pullback scenario is active. After a massive vertical rally, retracing to $4.15 would just be standard price action.
$LIT
$SUI
#LululemonTumbles20%OnWeakGuidance #USAugustJobGrowthNearlyTriplesForecast
