1Settimanaยท

I told you yesterday

$LULU (+0,79%) 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
Acquistato a 164,01ย USD
2
2 Commenti

immagine del profilo
1Settimana
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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1
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immagine del profilo
@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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