lululemon athleticaShort
LULU Short
LULU tested 149.78 (fib 0.5) resistance and found support at 141.80.
If it cannot break 147.89 or 149.78 as we approach earnings then the inverted H&S pattern would not be confirmed and LULU can head south to 135.71 - 131.9 especially if it misses earnings at 3/28 (gap fill from Sep 19).
If it cannot break 147.89 or 149.78 as we approach earnings then the inverted H&S pattern would not be confirmed and LULU can head south to 135.71 - 131.9 especially if it misses earnings at 3/28 (gap fill from Sep 19).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.