Market just finished Full Elliot wave 1-5 and ABC correction, bounced off of a demand zone and we are expecting for it to retrace to 50% fib zone. Entry:300 Invalidation:276 Target: 384
Mirror Mirror on the wall, what will LULU do post earnings? Well guidance proves weak, falling out of pattern, support levels at 400 and 385 $LULU *not financial advice*
I could see a leg lower post earning on a slowing growth outlook down 5-7% Friday, this even with the share buybacks and potential margin expansion with shipping related costs decreasing. Solid company w/ tough comps and competition heating up. *not financial advice*
Two recent stock events have called into question how markets are pricing stocks. The first event is the OG meme stock, Tesla (NASDAQ: TSLA), hitting a one trillion-dollar market cap. And the second event is EV newcomer Rivian Automotive (NASDAQ: RIVN), surpassing the valuation of Ford Motor Company (NYSE: F) after listing on the NASDAQ. One way to gauge how...
Looks like LULU is bottom out . Intraday swing or scalp play off of the bounce . Always confirm with the tape , there has been a lot of money flowing into this company lately and it is personally one I believe in .
🍋 LULU Trade Plan (5/25)-(6/4) 👧 📈 Long Above 316.75 🎯 TGT near 319-320, 322-323 ❌SL 314.30 📉 Short Below 314.30 🎯 TGT near 312.60, 310.40, 307.70 ❌SL 315.90 ✅Trend Line Confluence from March 2021 Lows. ✅Earnings Report coming up on June 3rd.
LULU is squeezing on multiple time frames and is getting ready to fire. We are also in a wolf wave pattern with a price target of 350.70 (green dotted line). Today, it formed a doji after a full body candle on the previous day which signals a bullish uptrend ahead of its earnings. We might see LULU get into the earnings run soon! Looking for this wolf wave to pan...
Broke Down out of bearish flag pattern. Looking for the continuation of current downtrend
Consistent uptrend, my prediction is that $LULU will reach $400 within the next week or two. Resistance at 400
Requested Video breakdown on $NIO $LULU 1/14
Looking nice can come up toward 363. MACD and RSI looking nice.
Hopefully it will stay in the upward channel after the bounce on the red line, cloud is green it should bring us to 400
LULU waiting for a reversal trend. Trade Idea: Jan 15 400C wait for it to test trend line ~343,345. Stoploss: 340
bullish cross on macd too. making its way to the top of the channel
I predict a bullish price action of LULU based on the following 3 indicators: - A backtest of the triangle wedge followed by a clean bounce. - A parallel rising channel which was unbroken during last week's sell-off. - Chaikin Money Flow reversed but needs to follow through.
LULU is getting closer and closer to a potential breakout upwards. It's at the bottom of the bottom arm of the triangle, so I would expect a small bounce then into a little bit more consolidation. Then it should break upwards for a solid more.
lululemon steadies, might see more bounce from recent support!