lululemon athletica
Long

Lululemon Still Going Strong (LULU)

112
Stock is once again pushing toward new highs.
Watching for a breakout above 191.50 on increasing volume. Will only take a trade once that occurs, as want to keep the stop loss relatively tight on this one.
If this occurs, looking for a target between 220 and 240. Trailing stop loss can also be used.

Disclosure: no trade yet, but may open soon if conditions favor it.

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