Lessons of LULU Earnings (also RH and ADBE) Short

lululemon athletica inc.NASDAQ

Description

⋅ Dec 12, 2020 5:47 AM

LULU had made symmetry advancement prior to earnings to the high of 383. A little turn downwards on MACD. The line in the sand of the first retracement is 61.8 Fib level which also is at 50 EMA.

RH had a similar reaction as well as ADBE.

Comments

adam199631

⋅ Dec 13, 2020 4:12 PM

Next stop to 333? Looks like went below 344.