LULU Weekly Trend at ResistanceRSI/price divergence and weekly trend at resistance, should be a good short opportunity. I'll be looking for $230-240 puts exp mid to late July.
Lululemon
LULUWill watch LULU tomorrow and see what kind of action happens. Think if it holds this demand it currently is in, which aligns with .32 fib retrace, possibly a good opportunity to grab some calls for the upside for wave “c.”
If current demand fails, will wait for it to drift down to next level demand. If gaps up in the overnight, like this market seemingly likes to do both up and down, will see what price does if it shoots to the upside price target / supply zone around the $215 area.
LULU Breakout 186-193
LULU test support/resistance range 186-193 for 4 trading days.
YOY sales growth
Great Earning Result
Strong fundamentals
Good Product
If the stock can complete confirmation of breakout in the next trading days, its up for a run @ 196
Still cover your loss at 181.71 if market goes down due to Corona Virus.
Disclaimer:
This is just my idea as I want to share and learn from the community.
Please let me know your thought
LULU 2. History lesson.So 1st wave on 14d chart back in the time of first Hyper Growth Period for LULU had 27 bars , and 2nd wave is somewhat 1/3 shorter.
Current 1st wave is counting 25 bars , and second is more then 2/3 of 25. so it should crack soon.
LULU OMG. This one is gonna crack. 14D , 2W chart... This is impressive for yoga pants company.. however it's a bubble.
watching to short as soon as divergence turns red.
$LULU Monthly Analysis Potential buy opportunity after pullback.
lchimoku Cloud indicates high buying volume & momentum.
Flat 9 day MA indicating a pullback.
Moving average & price disequilibrium.
Lagging span still has a bit of momentum
26 day moving average high momentum.
Price is expected to drop & pullback to higher highs.
LULU Drop Not Over Yet TP @ 212-213We will continue the drop to the bottom of the Bollinger bands which coincidentally also the 50 Log-EMA level which should provice some resistance and hopefully we bounce back from there.
If you also long from that point put your SL below the band and the EMA.
LULU in Speculative Run at New HighLULU has been trending upward and gaining momentum as it enters a new all time high price level.
Keep in mind. $LULU $SPY #TRADINGIDEASLike the way this $LULU is acting here, i just going to follow this days.. Maybe a good option.
Lululemon (LULU) moves off Trendline Support and Breaks HigherLULU has been rising in a trend channel since April. The price recently pulled back to channel support and then consolidated there. On Oct 10 the price broke above the consolidation signaling a long entry.
The chart shows two trade scenarios. One is entering when the price breaks above the consolidation. This trade has a 6:1 reward to risk based on the estimated exit (top of channel). Spotting the channel and the consolidation would have alerted a trader to be on the lookout for an upside breakout. I posted this on Oct 9 in my free Facebook swing trading group (www.facebook.com). An order could have been placed to enter when the price broke above the consolidation high.
The other scenario is a late entry near the closing price on Oct 10. Still a good trade potentially, but the reward:risk drops to about 3:1.
Three Percent Trade Idea: Go long LULUHere is a great opportunity to pick up Lululemon Athletica .
At Three Percent Trades we have a price target of $216.00 / share, which is a potential upside of 16.9%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
$IWMThinking about shorting the golden ratio/200 MA for a day trade - medium/big size position, since SL is tight. Close above that will look for longs aiming for trendline resistance
LULU EARNINGSSo we netted a 2000% return on Dave & Busters puts, let's take a look at another bigger name is a small earnings group of mostly no names.
LULU should be a good play. STRADDLE this with some options.
I'll give us an upside potential of $183.00 and if things get ugly a downside target of $133.00.
Let me know your thoughts in the comments below and have a great day.
LULU PREDICTION - BullishBearish Rising Wedge into a Bullish Expanding Triangle.
Past history with LULULEMON has shown strong earnings. Company has a solid business growth strategy. Lulu shouldn't be affected by trade war as much.
Held above the 20 SMA. Trending upwards. RSI and MACD are healthy.
Will history repeat itself? We will find out soon.
$LULU: Swing Trade to all time high. Ride the wave!$LULU has been an exceptional stock; going up 79% the past year. We have a potential setup occurring for a profitable swing trade.
What to watch (1 week time frame):
- We see an incomplete head and shoulders - right shoulder can reach all time high (shown above).
- Ichimoku cloud shows bullish for next weeks or month to come - We will see the stock move higher before lower.
- Watch for a bounce on the 26 day avg line or Ichimoku Cloud Span A.
-Be patient and enter only if a bounce occurs around the 130-140 levels.
We have identified the long term trend, found an entry point and exit point. Now RIDE THE WAVE. Most important of all, BE PATIENT .
Trade at your own risk.
LULU is on the move to New Hights!LULU had a tremendously good ER. It has beat over the last 5 ER's, but this one came in way higher at 1.74 expected and 1.85 actual which is near 1.00 higher than the previous ER. Pre Market has it sitting right at its all time high. It could very well break out today into a new High and if so I believe we will see it head tword the 186.00 area within the next coming weeks!
Lululemon Athletica (LULU) - Head and Shoulders - ShortWith the head and shoulders formation we could see continued downside.
LULU - the Lemon might fall from the treeUntil I see a valid bull case, there's no reason not to open up long puts under $147 on this one. Long term? Sure, I have faith in it - I mean who doesnt respect Mark Cuban... But there's an opportunity to go short here.
LULU Bullish Flag formation near completion.LULULEMON is currently in the controlled profit taking stage of the flag for the current bull flag formation. The previous advance since an earnings surprise is used as the length of the flagpole and also the measuring objective of the next advance. If we see some significant volume on the breakout then we could be set up for some nice quick profit. If volume diverges from an increase or does not increase at all this is Bearish and therefore no entry should be taken. Could see some more controlled profit taking before an advance, watch for volume.
