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Lululemon Athletica Inc. Message Board

  • garybee6970 garybee6970 Jul 27, 2013 9:29 AM Flag

    THE CHARTMAN ISSUES UPDATE ON LULU: TIME

    My Rule: Time is more important than price

    when time is up, volume will come in and time will influence price up or down

    TIME IS THE 3RD DIMENSION

    LULU: Today is 67 days from 5/21 high and 450 days from 5/12 high

    those are both acute timing angles.

    they result in parabolic or climactic moves

    LULU never overbalanced price as the 20 point selloff was harmonic to the biggest selloff in its uptrend

    AND IT NEVER OVERBALANCED TIME, THAT IS THE TIME OF THE SELLOFF WAS NOT GREATER THAN THE BIGGEST PRIOR SELLOFF

    MAIN TREND REMAINS UP..

    HOWEVER:

    near term

    app: 68.49 is opposition in price to Monday's Time, he's above it: strong

    69 is the 75% level in its rotation, above it is strong..

    69.11 is balance major time of 71 months from when it began trading

    there is some resistance here thru 72, the top of its current rotation

    69.50 is a natural 7/8ths level: one of the hardest to cross

    70.30 is a major hurdle and 71.05 is a grand center..

    TREND REMAINS UP, MOVING THRU THESE LEVELS MEANS HIGHER..

    THECHARTMAN NET

    GARY B

    STOP BY: SIGN UP FOR MY NEW FREE SERVICE!

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LULU
40.00+0.01(+0.03%)Aug 20 4:00 PMEDT

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