May. 16 at 2:22 AM
$LULU did some research - looks like we are in the final wave 5 of wave C based on Elliott wave which is the final capitulation. It could have another final flush to 110. I would be surprised if we don’t see any kind of bounce then. Remember the impulse wave to the upside will be just as violent as how we went down. First target 140s, then 160s and finally over 200. Paying for the current historic low PE of less than 9 is good risk/reward. Keep accumulating in batches. And when the time comes, hold on for the ride up. GL