LULU

LULU broke out today initially on low volume, but intraday the volume came in at about twice average. This never really pulled in until quite late in the day, but is well withing buying range. The base is quite ugly, however,  and price relative could be stronger. I think I will wait to see what this does next week, I suspect we will get a little bit of a rise followed by a retest of the breakout point. If it doesn't and takes off, it will probably go without me.