Get started
LULULEMON ATHLETICA INC COM STK USD0.01LULULEMON ATHLETICA INC COM STK USD0.01LULULEMON ATHLETICA INC COM STK USD0.01

LULULEMON ATHLETICA INC COM STK USD0.01

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

0JVT trade ideas

Pull Back FishingLooks like some were not happy with earnings. There was a possible head and shoulders pattern prior to the deep pull back. Now there is a falling wedge which can be bullish when price breaks up and out of the upper trendline. A falling wedge slopes against the trend and converges at the apex. LULU has not broken upper trendline of the wedge. The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern. The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend. Falling wedges are formed No recommendation
NASDAQ:LULU
by lauralea
2
Turning point for Lululemon nowlululemon Why it was founded? Founder Chip Wilson heard people talking about yoga 3 times at 3 different places, that thing will become a trend. #principleofthree Why it will become success? a. unique, low cost and sticky marketing technique - community marketing (Yoga teacher=brand ambassador) b. good quality cloth technique - seamless sewing machine from Japan c. Combine of two unique items - Athlete + style; healthy lifestyle that is getting trendy nowadays, and people needs style when doing exercise. <> Technically, it broke out from range 40-80, climbing up on the uptrend channel, and it is forming a reversal (look like M shape reversal?). However, Mar 2020, it fell sharply due to pandemic, Mar 2021, it has rebounded strongly within a month. Will it A) continue to renounce and reject the M reversal?, or B) unable to break resistance and trend down?
NASDAQ:LULU
by kenplicity