Keeping a technical eye on LULU

I have a setup I’m stalking in LULU via a weekly chart.  Now I say that I’m stalking this one because I do NOT see any official buy triggers yet that tells me it’s worth placing a bet on this stock.  I am however anticipating a possible buy trigger if LULU tests one of the two key support zones I’m looking at on this weekly chart.  The first zone comes in at the 57.91-59.02 area.  The second zone comes in at 52.92-54.95.  These price cluster decisions include some 100% projections of prior similar declines on this weekly chart along with some key retracements and even a Fibonacci price extension of a prior swing low to high.  Then you may ask what a trigger is??

What I typically like to look at for a “trigger” to a setup like this,  would be on a 30-minute chart of this stock.  This is where I see a pattern shift to higher highs and lows, by taking out a prior swing high, along with the 8/34 EMA crossover to the upside.  So far, we are not seeing either of these things happening, but like I said.  I’m stalking this one for a decision within the next week or so.  I would keep this one on your watch list!  

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