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LULU forms Upper Bollinger Band Walk on August 6
LULU posted a 0.99% gain on Thursday, August 6th, accompanied by 0.6× normal trading volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 122.52, 120.32 & 118.62, with resistance at 126.42, 128.12 & 130.32. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of LULU: C
There’s more where that came from. See all of today’s signals for LULU here.
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