LULU BreakoutLULU currently showing some strength compared to the market. Price is breaking out from the channel. I am waiting for the candle close so I can find an entryLongby TheBullandBearLounge111
One Good Trade: LULU Following Other Consumer StocksOther consumer stocks are looking strong right now. LULU is no exception. I think their movement is largely dependent on the federal reserve decision today on rate cuts. 01:35by JoeRodTrades3
LULU - Exciting chart and predictable liquidity buildThe story of this chart is definitely bullish and while I am continuing to average into a position of shares here, I do want to identify a confirmation point where we can potentially play some longer-term options and catch the subsequent breakout of the $420 cup/neckline that we've created. Let's see some confirmations of HTF controlled selling along with LTF controlled buying (in order to get one more pullback to demand at $470/bottom of strong buying continuation. Happy Trading :)Long04:30by ReigningTrades1
Lululemon (LULU) - Trend Channel Setup with Strong TargetLululemon is consolidating within a descending channel following a strong impulse move (wave iii). The price is currently forming wave iv and respecting support near $371.70. A breakout from this channel could trigger the next leg higher toward the key Fibonacci targets. Setup Details: - Entry Zone: ~$390.60 - Stop-Loss: $371.70 - Target 1: $409.96 - Target 2: $449.27 Key Observations: - Trend remains bullish supported by wave structure. - EMA ribbons below price indicate bullish momentum support. - Watch for breakout confirmation above resistance to trigger the trade. Risk/Reward: Attractive 1:3+ setup. 📊 #LULU #Trading #NASDAQ #StockMarket Longby MrStockWhale0
LULU Major Trend RetestLULU has been on a huge run since August to recover the majority of the losses from earlier in the year. Now it's all the way back up to the major trendline it broke below earlier this year that started in 2020. Coming in for the first retest, would expect a rejection of some sort here. Downside target would be around $356, upside is around $450.by AdvancedPlays1
LULU SELL ++++ $415 and addI am looking to start a short position in LULU at $415, I would add every $5, its extremely overbought here and can go a little higher on this stent before correcting. We could test $369 in coming weeks and gap fill Shortby ShortSeller76Updated 4
Maximize Returns: Consider Long Positions on LULU next weekRecent Performance: Lululemon Athletica Inc. has shown significant strength recently, reflecting a positive trajectory in the consumer discretionary sector. The stock is benefiting from an uptick in consumer spending, with robust sales growth supported by a strong post-pandemic focus on health and fitness. The company’s performance has been commendable, outperforming many peers while maintaining brand loyalty and community engagement. - Key Insights: Investors should note Lululemon's consistent innovation in product offerings and strategic expansion into both domestic and international markets. The company’s enhanced e-commerce capabilities and focus on sustainable practices are critical growth drivers, appealing particularly to the environmentally-conscious younger audience. The overall sentiment is to adopt a buying stance as the stock continues to gain traction. - Expert Analysis: Market experts maintain a positive outlook, with a consensus rating leaning towards ‘buy’. Analysts highlight Lululemon's strong brand equity and innovative product strategy. The company’s solid quarterly earnings and forward-looking actions position it well within the competitive retail landscape, fostering confidence in continued growth. - Price Targets: Based on current analysis, next week targets are set as T1 at $410 and T2 at $420. Key stop levels are S1 at $375 and S2 at $360. This placement of targets and stops reflects a conservative yet optimistic approach to positioning in LULU, aligning with current market dynamics. - News Impact: Recent developments include Lululemon's quarterly earnings beating expectations with strong online sales. New product lines and collaborations have also generated market interest. The company's international expansion strategy and commitment to sustainability through recycled materials significantly enhance brand loyalty, making it a compelling investment option moving forward.Longby CrowdWisdomTrading0
LULU targeting 377-386Price has recovered sharply from an equally sharp pullback which bounced off the 0.382 retracement of the move up from the Oct 03 low. Price seems like it will soon hit the 0.618 retracement of the larger move down from ATHs.Longby andrewyu02Updated 6
LULU: 377-397 taking profit1. LULU weekly chart within a giant megaphone. 2. Regardless of counting the bounce from the drop, or the extension from the initial rise, 377-397 is the area I will take some profit. Will keep some position to see the next stage pattern. 3. Ideally I want to see some consolidation here. Cup Handle? Or more identifiable wave pattern. by TTRSQ80
LULU buyingThere is a head and shoulders pattern targeting approximately 439 level. It may reach the target if the company’s results are positive because there is an announcement after the market closes today.by Abu-Rital5
Dark Pool Accumulation Patterns Ahead of EarningsNASDAQ:LULU is working on completion of its long-term bottom. It has good PSHI and has been trending up for a while. The company reports this week. It may gap on earnings news. The steady but slower-paced improvement in price is indicative of Dark Pool accumulation. Longby MarthaStokesCMT-TechniTrader224
$LULU - What do you think?NASDAQ:LULU hits the perfect VWAP and 200DMA crossing resistance and then pulled back. The earnings report (ER) will determine whether there is a checkback to the trendline or a breakout above the 200 DMA. As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.by PaperBozz3
Breaking the Stretch: LULU Aiming for $355 with MomentumLululemon (LULU) is building strong bullish momentum after successfully filling the $245 bullish gap. The stock is now primed to break through the $275 resistance level, heading toward the next significant weekly resistance level at $354.66. With a favorable 3.39 risk-to-reward ratio, this presents an excellent opportunity for investors to enter, managing risk with a stop-loss at $243.37. Lululemon’s strong financials and continuous brand expansion, coupled with increased demand in athleisure and lifestyle apparel, further support its upward trajectory. As the company continues to outperform in its market segment, there is a clear path for LULU to hit its $355 target in the near term. NASDAQ:LULU Longby The_Trading_MechanicUpdated 7
$LULU - $322 level break for upside. LULU - Stock rejecting $322 area multiple times and making a flat top. looking for calls above that level for a move towards $333 and $350. Stock is strong on indicators. Stock recently broke out of trendline channel.by TheStockTraderHub0
7th time pushing for another area of resistance to 340sAs analysts take a bullish stance on price analysis, it does seem to be running on all counts at 337 on the BB Keltner breakout and 341 on the upper Bollinger; other indicators have been swinging much of the time, hovering over 80 but staying put in a strong stance against the bears. We could see a continued run to 350 before that cycle breaks.Longby themoneyman802
LULU - lululemon athleticalululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The company was founded by Dennis James Wilson in 1998 and is headquartered in Vancouver, Canada.Longby Esmail_from_Kuwait2
Lululemon Athletica in dailyDaily chart, we notice a slight upward trend. The EMA7 and the SMA20 are oriented upwards. However, the SMA200 is still pointing south! I will start to take an interest in the file, as soon as the simple 200-day average is crossed. On the chart, the high volume areas are indicated by level. Make your opinion, before placing an order. ► Thank you for boosting, commenting, subscribing!by DL_INVEST116
LULU, a stock to watch!Lululemon stock (LULU) has traded down into the $230's for the first time since the COVID-19 Crash of 2020. I believe that LULU is a stock to keep your eye on, for a few reasons. - The stock is trading at a 20x p/e whereas its historical p/e is in the mid 40's. - Margins for the company have all been steady, and remain an industry leader. - Lululemon is still set to see 10% CAGR for EPS in the next 5 years. (consensus) - The stock is seeing a severe correction, on par with its past decade corrections. Above is bullish sentiment on LULU, and can be considered the "bull/base case" Personally, I have not turned bullish on LULU yet, but with the levels it is reaching it has most certainly caught my eye and has been added to my watch list. While the stock is seeing oversold levels, I think the midterm outlook can still remain bearish for Lululemon. Below are reasons why the short/midterm outlook for LULU may not be optimal. - Weaker forward projections compared to last 5 years. Though LULU is expecting 10% CAGR EPS for the next 5 years, that is just a fraction of its last 5 year CAGR of 38.55%. While projections are still positive, they have certainly dampened compared to recent years' growth. - Macroeconomic environment. Though the economy remains hot/fine for now, there have been warning signs flashing of a rising unemployment figure across the country. With suboptimal economic conditions, the average consumer may cut down on expensive Lululemon clothing. These Macro conditions may also continue to dampen the economy, which can cause an overall market correction, where LULU would likely follow the sentiment. Overall, I believe that LULU offers significant reward, but the shorter term horizon is still worrisome for Lululemon and the global economy. Lululemon is a leader in the Retail Trade sector and dominates when it comes to profitability. The stock is definitely one to keep an eye on if it continues to get crushed. Regarding technicals, I am watching this demand zone around the 200 level. The stock could trend down to this area, and reach close to COVID-19 lows if sentiment does not change. This area could also offer significant R/R for an entry point. Disclosure: I currently hold no position in LULU stock, and have never been a shareholder. by ZachSapUpdated 7
Buy LULU, don’t just shop there. Ticker: LULU Key data: * Market cap: $37.3b * PE: 21.92 Execution metrics: * Entry: $291.63 * TP: $318.34 * SL: $221.68 Profit paths: * Buy shares at market open * Dec 320/290 Bull Put Technical Support: * Money flow: Positive * POI: 1 ATR * Justification: Leaving demand. Relief after creating new low. Fresh supply to test . Fundamental Support: * Analyst 1Y target: $311.32 * Next earnings: Dec 5 2024 * Justification: strong revenue YoY, net income increasing YoY, short + long term assets > liabilities Longby ChartVZN1
$LULU Bottom in and Ready for ReboundTP: 314, 337 More than 2x R:R Broke out of 280 resistanceLongby Gold_D_Roger1
LULU stock on the cusp of a major reboundLULU stock appears oversold after a downward trend reached key support around $250. The stock seems to have bottomed over the past month. If it holds above the $250 support level, it is poised to break out of the consolidation pattern and move upward toward the resistance zone between $360 and $380. Longby Quantific-Solutions6
My transition... + LULU Longer Term Outlook! Short --> LongGood to be back! As I mentioned, I'm going through a transition in my trading world and rebranding myself away from TraderDaddy and building out my own educational business and focusing on my personal trading and my clients development. Expect a username change in the coming days! I will do my best to be here as much as I can with you all through continued analysis! One thing i'm learning more and more is how much we could be learning from each other in this crazy business and I am blessed to be in a position to be able to help others. It's a very exciting time and I'm happy to have you all here with me for the coming journey. Stay tuned for further updates and more analysis! Happy Trading :)05:28by ReigningTrades3
LULU - +25% upside with 1:2.5 RRNice play from the lows on the weekly an monthly. Momentum building and could see a boost in price action after the fed rate cut. Could be a big winner if other catalysts come into play. Longby subtlepapi882