2Wkยท

I told you yesterday

$LULU (+0.76%) was bound for a pullback after the -20% drop. I bought the dip and 15 minutes later locked in a neat +5%.

Quick moves, quick profits. ๐Ÿš€๐Ÿ“ˆ

05.09
Lululemon logo
Bought at $164.01
2
2 Comments

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trading mean reversion moves without any invalidation is stupid, especially in current market environment in combination with an already weakened stock.
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@Ph1l1pp I agree, blindly trading mean reversion without invalidation is risky.
In my case though, it was a quick scalp on extreme oversold levels. I wasnโ€™t looking for a trend reversal, just a fast pullback move.
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