May. 17 at 8:09 PM
$LULU starting to look like a classic “hate it at the lows, love it later” setup.
Price has been grinding at multi-year depressed levels, but the structure is showing early signs of exhaustion on the downside. That’s where reversals usually start — not when everyone agrees, but when momentum finally stops accelerating lower.
Bullish divergence is there, but it’s still early — no confirmation yet, just setup building.
If buyers step in and reclaim momentum, this is the type of name that can slowly re-rate over time, not spike overnight.
Targets like
$679–
$938 are long-range scenario zones — but first step is simple: stop the bleed and base properly.
Follow me 👉@ChipDistribution7 for real-time updates and everything. Let’s make moves!
