lululemon athletica
Updated

Earnings LULU: Big Move up that won't hold

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This is for fun and just for journaling my intuitive methods in the markets.
What I'm getting is a move up 13.5% (perhaps after hours), and 8% at open tomorrow.
Then she breaks down, likely with the indexes, but sell any rally. Looks like almost 20% down from the high.
Note
Ok, so this was only partially correct. I thought it would be up a little longer overnight. Percentages are good, but the pop was super fast after hours to $370 (5.77%). Sell rallies was right on.
From yesterday's close to the lod today was a 9.9% move down. ONH to LOD 14.8%
LULU may chop upwards a bit tomorrow, but near term I expect it to continue down.
Note
Oh, LULU closed the day down 7.4%
Note
Interesting. From the post earnings after hours high of $370, to the low on 9/21, LULU was down over 22%.

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