As you can see easly- Lulu in up-trend. Stock had high volume compared with strong move to 325 § mark, bounced off and since that consolation.
We have support on 284 $ Mark (S1) and resistance on 325 $ mark (S2). You can identify this as a consolation zone, so next step should be a clear break through ATH.
Indicators:
BB: Are close after big movement, cosolation, next move could be strong, neutral signal 20 SMA: Trend is moving above, bullish signal 50 SMA: Trend is moving under, bearish signal (works as resistance) 200 SMA: Wide above, bullish signal MACD: Close to 7, Neutral signal RSI: Close to 80, oversold (is normal in up-trend) Volume: neutral, no signal
Option play: Sell put 232 $, 272 $ buy call 330 $
Swing trade: Trade the swings in consolation channel
Long-Term: Wait for pull back on 284/290 support, or wait for breaking through ATH after 325 $ mark