lauralea

Symmetrical Triangle

lauralea Updated   
NASDAQ:LULU   lululemon athletica
Price has bumped in to the old neckline from a prior H&S pattern.
T1 met. T2 is in smaller type then T3 is in even smaller type.

Earnings are 12-8 AMC. This one usually beats earnings but it will depend on how the market is feeling at earnings date.
This is a high end retailer and I love LULU, but nothing is cheap. They say the rich (which I am not) do not feel inflation and recessions like the middle and lower classes. I guess time will tell.

No recommendation.

I also see a bull flag a little while back.
Comment:
1-8-23
Comment:
1-9
Bad news event
Comment:
1-10-23
Comment:
2-8
Symmetrical Triangle
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