$LULU - short?Head and shoulders setting up. Will take a while to confirm. Fun one to watch Shortby katblat1
WATCHING $LULU for 388WATCHING $LULU for 388 I you’re buying this high up - good for you. I wish you the best… but for me it makes no sense to be long this high up. I have target 1 as 388, but because of the volatility at the moment that is a little too close so I am currently selling puts at 360 (14 days out). I don’t think that I’d be comfortable being long any higher than 360 GL, and let me know your thoughts!! —————— I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2. —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!! (\_/) ( •_•) / >🚀Shortby SPYder_QQQueen_Trading3
Ascending broadening triangle - brokenMirror 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*by thatinvestorlife0
Another LEG-gings lower?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*by thatinvestorlife330
Are Markets Overvaluing These 3 Stocks? LULU, NFLX, SQTwo 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 overvalued a stock may be is to find its multiple (aka, Price-To-Earnings ratio). In the case of Tesla, it’s multiple, as of writing, is ~350. In the case of Rivian, it doesn’t have any sales to speak of, so a multiple for this Company is not discernible (as reported by Bloomberg; “Rivian is now the biggest US company with no sales”). Investors can be concerned about high multiples if the Company in question is unlikely to grow its profitability to a level that better reflects the stock’s current price. Tesla and Rivian are just two companies that analysts (incl. Tesla’s CEO Elon Musk) commonly point out as overvalued. Keep reading to learn what other 3 stocks market analysts commonly categorise as overvalued. Are Markets Overvaluing These 3 Stocks? LULU, NFLX, SQ Lululemon Athletica (NASDAQ: LULU) Several outlets, including Forbes, noted the athleisure wear company to be overvalued in the first half of 2021. Yet, difficult to discourage, investors have continued to support the Company and further bumped up the stock’s price. LULU is currently trading at an 15% premium above its first-half peak price (US $404 vs US $465). Its current valuation places its multiple at ~74x earnings. The momentum behind the stock is driven by its consistent earnings report beats and ambitious sales targets set by management, which are being hit or surpassed with surprising frequency. The Company’s outlook is buoyed by a growing (and incredibly loyal) customer base and higher margins. In this way, Lululemon stock may well be within a fair valuation if it continues to ride the growth momentum in which it is currently swept up. Netflix (NASDAQ: NFLX) Numerous Analysts were calling Netflix overvalued in 2020, even as the streaming giant reported subscriber growth beats during quarantine lockdowns and beyond. Bearish comments would call attention to the cash-burn needed by Netflix for the foreseeable future to maintain its industry leadership and satisfy its growing user base. Bullish sentiment could counter this argument by pointing to the Company improving operating margins (e.g., Netflix has improved its operating margin from 16% to 23.5% YTD). However, Netflix does not include content generation spending as an operating cost. Instead, it is considered a fixed cost for the business. Yet, suppose Netflix is going to be burning cash producing content for the foreseeable future. In that case, the improving operating margin might be considered no more an accounting trick than a meaningful metric. As of writing, Netflix shares are trading at US ~$690, indicating a multiple of approximately ~62 earnings. Square (NYSE: SQ) The digital payment provider Square appears to be firmly in the camp of overvalued tech stock. At least, according to Morningstar analysts, SQ is trading at more than double its “fair value estimate” (US ~$230 vs. $112) with a Price-To-Earnings value of ~240. SQ shares have not traded at US $112.00 or below since July 13, 2020. While SQ does deliver on growth, it still has a very long way to go to justify its ~240x multiple. Square’s dubious long-term outlook is compounded by the increasingly tense competition from PayPal (NASDAQ: PYPL) and Fiserv’s (NASDAQ: FISV) Clover application. While younger than Square’s payment solution, the latter is already processing more payments across the US, and importantly, growing at a faster pace.Lby BlackBull_Markets2
$LULU closed at a 50% loss..Had it early in the day, got greedy and wanted to wait for a break of $400...onto to the next!by UnknownUnicorn39241541
$LULU setting up for tomorrow...Here is my example play, wish me luck! Description of the play detailed on the chartby UnknownUnicorn39241541
$LULU idea into tomorrow...Trying a few $400 puts with a few $410/$420 call spreads. We'll see which one wins....by UnknownUnicorn39241541
Watchlist 09/17Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.04:49by Zeal_Trading5
Bearish Shark May Be Looking To Trap A lot of Bulls.We have a Bearish Shark visible on the Weekly with Bearish Divergence and a Huge Spike in Weekly Volume after an extreme upside Breakout. I never heard of this stock before and i hardly know what they do but just looking at it tells me that there are a lot of bulls betting for more upside up here and that any amount of selling below the breakout zone can easily lead to a very steep decline.Shortby RizeSenpai5
Lululemon - Definitely gotta chill.-Lulu gained some attention after getting added to SP500 but we don't see any further bullish moves from LULU. -With the given current market condition (which is stagnant / bearish), we are shorting LULU. -First target is: $366. -Second Target: $294Shortby caldooninvestment88131
This LULU Is No LemonLululemon Athletica (LULU) Another blowout quarter for the company, with the stock strong after-hour (yesterday) as well as in today's session. Exactly 2 months ago we recommended banking this one 12% higher following a 1-month run. Now, 3 months since the original idea, the share is up nearly 30%. Our original ideas was both technical and fundamentally based. Bottom Line: Sometimes, holding on to great names, with strong earnings can produce a stellar results. I like seeing clients bank their profits, but sometimes, stocks that keep running is even better. Don't sell too soon, you could be missing out. Original idea, and follow-up is attached. by LD_Perspectives0
LULU Gonna get sold off here back down to 390-405ish(Opinion) Shortby StockPickingEnthusiastUpdated 0
Time to go down IMO sorry LULUtime to go down IMO, it is time to breath like your yoga pants lol Shortby trade444fun552
$LULU EASY SUPPORT & RESISTANCE PLAY !-Big support on $LULU bounced 3 times off this support level if we see a little green on Monday this is going to be a solid swing - Now if we break down below support we are looking at a very nice pull back down to $355 -we have our 2 scenarios here set and done now we wait to see which follows through Longby Ubaidy1000
<TradeVSA> LULU - Pullback Completed with Green PentagonSign of Strength in the chart: 1. Shakeout in reaccumulation 2. Green Pentagon above 20/40ma with Shakeout completed 3. Pullback in uptrend Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stockLongby MartinTFWong112
LULU Accumulation is obviousLow volume profiles indicating low supply and clear accumulation phase. Possible pump on retail clothes industry getting sales due to pandemic endingby Blueseven3Updated 0
Cup and HandleLULU pulled back to under long entry level after a few rainy days in the market. Price found a form of support just under long entry level at 381.95. I plan to hang but could be a bumpy ride. The hanging man candle is only a hanging man at the top, and is a hammer at the bottom. The hanging man like the shooting star can signal a pull back or possibly a change in trend. There are 2 hanging men and price did pull back, but this candle does not always signal a pull back. Just something to be aware of. Bullish engulfing candle today. Price was also outside the top band when the pull back began. Price eventually returns to the bands. No recommendation.by lauralea1
Cup and Handle Overbought on daily RSI set at 80 verses 70. Not overbought on weekly or monthly. Has passed long entry level and has surpassed former long term high. Price is outside the top band set on an 80 DMA and 2.5 standard deviation. Standard bollinger bands are set on a 20 dma and 2 standard deviations. So there is a lot of momentum and very bullish. Price does return to the inside of the bands eventually. When price is over the top band on this setting, it is almost always overbought on RSI. Securities can remain overbought for extended periods of time. I already own this, but will wait to buy more, but I do not plan to wait too long unless I see signs the trend is ending. The trend is your friend until it ends. Securities can also remain oversold for extended periods of time, and can mean there is a lot of supply, or buyers, at the level that the oversold oscillator becomes stuck in. It can feel like eons sometimes. You know, the bottom dwellers or pull back dwellers that feel as if they will never move? The second a security is oversold is not always the best time to buy. Every security is different though. No recommendation. I am not saying LULU is a super nova exploding in the sky, but sometimes it is hard to buy a stock, and especially a high PE stock when you see price exploding in the sky. There have been quite a few rocket stocks in the last year that felt like they would never come back to earth. But sometimes when the deep pull back comes after a "rocket" stock flies, it can be suicidal to jump in.by lauraleaUpdated 332
LULU - All time weekly closing highBullish weekly close for LULU with strong momentum. Longby Trade_with_confidence0
LULU BOUNCE OFF 370.51 - intraday swing 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 . by sergiogurrola10