Lululemon Athletica $LULU$LULU is about to start a new trend. watch for a breakout of $318.32. 12 months Consensus Price Target: $306.1 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx Longby TheBullseye8
Lulu long Here is an easy ta for Lulu long: As you can see easly- Lulu in up-trend. Stock had high volume compared with strong move to 325 § mark, bounced off and since that consolation. We have support on 284 $ Mark (S1) and resistance on 325 $ mark (S2). You can identify this as a consolation zone, so next step should be a clear break through ATH. Indicators: BB: Are close after big movement, cosolation, next move could be strong, neutral signal 20 SMA: Trend is moving above, bullish signal 50 SMA: Trend is moving under, bearish signal (works as resistance) 200 SMA: Wide above, bullish signal MACD: Close to 7, Neutral signal RSI: Close to 80, oversold (is normal in up-trend) Volume: neutral, no signal Option play: Sell put 232 $, 272 $ buy call 330 $ Swing trade: Trade the swings in consolation channel Long-Term: Wait for pull back on 284/290 support, or wait for breaking through ATH after 325 $ mark Good luck for you trading :)Longby Hornetcharts4
$LULU Bullish Above $325 Possible long above $325 . Major confluence of Fibonacci levels @ $348 MOM bullish cross above Zero CMF reversing MACD also attempting to crossover. Histogram ticking higher. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.by Bullishcharts2250
long here for couple of dollars bb and ma looks good, market will go up it will go alongLongby FinancialEgg3
LULULEMON I am looking for buys from bottom of structureHi everyone: LULU has some great potential for more bullish run to the upside. We see price had a massive impulse to the upside, and already broken the previous top before the sharp dropped from Covid. Now price is forming a continuation structure, and looking very promising for another bull run. Currently this structure is not complete, so I would like to see price goes down correctively once or twice more to complete this continuation pattern before buying from the bottom of the structure. That would be the best Risk:Reward trade to go long. Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you. Longby jojofang09014415
$LULU Mirror Deal impresses InvestorsLululemon LULU 1.66% Athletica Inc. is buying at-home fitness company Mirror for $500 million, a deal that aims to capitalize on pandemic-fueled upheaval in the fitness and retail industries. The startup sells a $1,500 tech-enabled mirror with a camera and speakers so customers can participate in live fitness classes at home. It launched in September 2018 and Lululemon said the business is on track to generate $100 million in sales in 2020. Lululemon, known for pricey yoga pants, sees Mirror as a way to bolster revenue while also providing another avenue to market its products, CEO Calvin McDonald said in a call with investors. Mirror instructors, for instance, will wear Lululemon products. The athletic apparel maker’s sales fell sharply in the April-ended quarter as U.S. and European stores were closed amid the coronavirus pandemic, and the company said it is still trying to gauge the impact of the virus on the company’s long-term bricks-and-mortar retail strategy. Lululemon had $4 billion in sales for the fiscal year ended Feb. 2. Source Wall Street JournalLongby RedHotStocks1111
Why LULU will EXPLODE!Lululemon, (LULU), engages in the designing, distributing and retail of athletic apparel and accessories. May was a CRAZY month for them as their stock FLEW from its low of $214.20, ALL the way to its ATH currently at $300.40, an increase of $86.20!! The craziest thing is, in my opinion, it IS NOT even done RISING. Here is why I believe this. The start of May was shake, being that LULU had opened really close to its support of $210.74. It held its ground and fought that support, the reason being that all of the support lines are close together, meaning their is a ton of support and it would likely not break through it, which it did not. This is the case for the upcoming month. The support seams to be rising while the tock rises. As it stands, LULU is no where near its support, and is in fact, in the resistance zone. It broke through last weeks Second resistance at $294.1. Looking at the trend from the month of May, it seems that as the stock broke its weekly resistance levels, they would continue to increase. I believe the Third, Fourth, and Fifth resistance lines will continue to increase, and LULU will explode through it and become a big time player in the fashion/athletic industry. On top of just chart reading, major competitors of LULU, such as UnderArmor (UAA), is struggling to compete with LULU, as "The company experienced a loss in sales because of store closures, which dropped 23% in Q1. But the outlook for the company was grim even before the pandemic struck, its stock depreciating by more than 80% since 2015." Im getting wild here, and purchasing volume 370 calls, with 47 day expirys. These are all just my opinions, so please let me know what you think in the comment! If you have any questions, feel free to ask!Longby JustOffTopicUpdated 117
LULU LEMONade With recent all time high performance by LULU and current price can be consider as good pullback to entry. After all, due to pandemic issue, LULU online business shown good projection. Risk ON!!!Longby layaran.kamal5
LULU LEMONade With recent all time high performance by LULU and current drop price can be consider as good pullback to entry. After all, due to the pandemic issue, LULU online business shown good projection. Risk on!!!Longby layaran.kamal5
$LULU.. the Trend is Your Friend.. Until It Isn'tLULU has key support in place at the former sloped channel resistance point. Danger zone is when/if we see a break of this line, which would likely trigger a quick run to test the $275 area. Otherwise, the trend is your friend.by GregFolin5
LULU Bearish ConfirmationLULU has confirmed that it is now in distribution territory. There's a possibility it may test it's previous ATH before dropping further, but I have 2 price points: Conservative: 278.47 Aggressive: 250 Range Price point of Invalidation: 325Shortby ericisom8875511
LULU - 6/29 @300pShow me the support lines for NASDAQ:LULU cause we don't believe they exist until 280 (maybe). If that breaks cleanly we're dropping to 260. Shortby TroutHouse445