NASDAQ:LULU   lululemon athletica inc
Journal Entry

Bias: Positive.

Sentiment: Optimistic.

Emoji (emotion): PatientπŸ§˜β€β™‚οΈ.

Null Hypothesis: Buy.

Alternative Hypothesis: Sell.

Signals: Several MA Crosses, %B +Band walking, Bandwidth approaching a pivot point .

Position: Swing trade.

Notes: I'm anticipating the market to buy/sell the earnings surprise 6/02/22 AMC: https://www.estimize.com/lulu/fq1-2022?metric_name=eps&chart=historical

Barron's Company Overview: https://www.barrons.com/market-data/stocks/lulu?mod=searchresults_companyquotes&mod=searchbar.

Other: I do not advise an option trade for LULU the volume & open interest are too low and the BidxAsk spread is too wide.

Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.

About the Security: "lululemon athletica, Inc. engages in the designing, distributing and retail of athletic apparel and accessories. It operates through the following business segments: Company-Operated Stores, Direct to Consumer. The Company-Operated Stores segment comprises lululemon and ivivva brands; and specialize in athletic wear for female youth. The Direct to Consumer segment is involved in the e-commerce business, building brand awareness, particularly in new markets. The company was founded by Dennis J. Wilson in 1998 and is headquartered in Vancouver, Canada."

About the Author: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. I do strive to build an esteemed reputation with a prolific following and earn the titles of a Tradingview Wizard & Top Author; along those lines I'm a financial scientist and my contributions offered to the community are apart of my scientific journal or goodwill to mankind.

Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.

🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩
πŸŽ€πŸŽ„ H a p p y J o u r n a l i n g +100✨FREE unmoderated pine-script indicators at 🌎 hgcrd.com!
🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩πŸŸ₯🟩