Short LuLu PT 85.50 within the next 3 monthsThis is at a 9 year, 3 standard deviation high and is extremely over extended expecting reality to set in somewhere near. 84.00 a share putting it still at the 95% for 9 nears but at least it should have wiggle room for more up there.Shortby aixguru1
I wouldn't touch it till August/SeptemberLULU so far has an immensely strong patter making new highs , however it's entering a corrective phase that we have to wait to see what it brings. In a about a month from now LULU announces earnings so we definitely have to wait and see for that as well. If LULU keeps strong and doesnt manage to break any significant supports like VTLs or cycle lows , and does only minor pullbacks to 38.2 and 50% fibs and in general keeps this positively configured patterns I will be all over the stock to the long side but not right now. Important lows should be formed later summer . Right now I have no clue about the stock . It could easily keep going up with the expectations of the earnings coming up next month or just chop around . What I am seeing is my important supports , and how the stock reacts the next couple 2-3 months . I don't see a great opportunity there so far. I wouldnt long it either short it. Just watching it.by Kontoeidis19892
LULU at infliction point with ER coming IHS in the making? long term trendline (with some overshoots) and with star lining up IHS in progress... Longby random.traderUpdated 2
LULU - Swing tradeIf it gaps above my enter line - NEEDS TO GAP you can enter for a swing trade. This gap is trapping a ton of red candles. I love trapping people! Longby carley6213
LULU: Breakout confirmedLULU broke out in December 2017 after posting solid earnings, and has been building a base since, below 82. The 82 resistance has been tested multiple times before since 2012, but the stock had always failed to close above it. Yesterday, the stock finally broke out AND CLOSED above its $82 resistance. This is a signal to buy the shares. From here, we look for: - The stock to remain above 82; - Volume confirmation (pickup) above this level; - A next threshold to break and close above the 82.50 historical high. This is the trade setup post breakout: - Buy the shares at the market today - Next targets $82.50 then $88 then $92 then $105/share from here - Stop loss at 78.5 / 76 / 72 / 68 / 64 depending on your risk appetiteLongby HAL9000Updated 1
LULU: Breakout imminent?LULU has been toying with its historical high around 82 since mid 2013... It is now back there and attempted yet another breakout above its historical high as late as last week. It has also been building a base since Dec 2017 towards the very top of its current range. All these elements make a breakout more probable, but not guaranteed. I would watch and interpret any close above 82 as the first sign of a proper breakout - And a compelling reason to buy the shares. I have prematurely purchased the shares last week on an intraday break of 82.Longby HAL9000Updated 2
Lululemon Athletica (LULU). Another chance to gain big.This is an update of my old chart published more than a year ago (see related idea) That call paid well and here is another chance to gain big. It looks like sideways correction is coming to an end and another big drop is on the cards. The wave C (blue) is already larger than wave A within a small wxy (white). MACD shows Bearish Divergence. Target is at the previous major low at the 36.26 mark. Athletic apparel makers are under pressure though.Shortby aibek5
RANGE breakout Been stalking this one for a while. We are close to a range break. Might need another day of rest but its close to a multi day move when it can break and close over.Longby kunal002
INTERESTING $LULU SITUATION Ahh Lululemon… every single female who dreams of taking the “better me” approach to life loves f***ing $LULU. I swear these clothes have drugs on them. As it stands their rise to being a fashion statement that you can sweat in is fairly impressive but their constant improvements in a simple piece of fabric is what is really impressive. A look into the numbers of $LULU there is a path to a solid sheet. There revenue dipped from the 1st to the 2nd quarter but what is a positive sign is the 5% rev. growth yoy. $LULU efficiency is also something to note as they have a ROA of 17% which is similar to that of $NKE. Now $LULU chart is the most interesting part. They're are forming a tight range over the last month and a half and with a solid earnings call I see it touching the resistance price around $64. If that does happen we will see a cross up of the 50MA over the 200MA in a bullish manner which could send this to north of $64 with buyer momentum. Get after it. Longby davie3012
lulu looking for some recoverylulu bullish view for the week ahead, could recover some after a better second quarter with a some what calm after the storm approach low volume on the pullback and the range has contracted nicely after expansion for another possible move up, although i advise caution as price has closed just below its 50ma on the hourly so i would like to see price back above its previous days high before thinking about entering.Longby wolfstreetswingerUpdated 115
Gap up out of support after positive earnings surpriseEarnins were 14% bettern than expected. Last time earnings were better than expected LULU made 20% profit in less than a year! Here, price bounces out of support area. Implied volatility rasies, almost 30%. If the Gap partially closes next week I expect IV to grow even further and potentially provide some noce premium to collect on selling calls below the support areLongby LorbeerInvUpdated 6
LULU fractal*extrapolation from 2012-2014 *currently tracking December 2013 *discretionary stop, support breakout eyes ideal target 10 handles lowerShortby EcantoniUpdated 2
$LULU higher lows for the past 3 weeks.Took advantage of the sell-off at $49.50. Last week this saw a high in the 53S and pulled back to around $52. I am liking the action. I think we see $55Longby ShortmetinaUpdated 3
Lululemon momentum comes to a screeching haltGapped down to support... bounce or break... what we do from here worth watching www.cnbc.com Longby GenghisUpdated 5