As expected earlier if earning will beats estimates by good percentage then 
LULU will break up targeting new all time highs , now projected at 230 and next resistance are 209-218-230 Support will be red color channel. The expected scenario is to jump to 230 then drop to 158-168 during end of this year or begin of 2020 as flag sign located then it will be good opportunity for long-term long positions .. we can see RSI break up and MFI still on line Monday will confirm .
Noted some recommendation from many analysis as Lululemon has been on an absolute tear this year and looks poised to continue their tremendous run. The company has benefited heavily from their recent investments in store openings, and these new experience-type stores that offer a variety of services are part of Lululemon’s growth strategy to expand into new categories, like personal care.
LULU will break up targeting new all time highs , now projected at 230 and next resistance are 209-218-230 Support will be red color channel. The expected scenario is to jump to 230 then drop to 158-168 during end of this year or begin of 2020 as flag sign located then it will be good opportunity for long-term long positions .. we can see RSI break up and MFI still on line Monday will confirm . Noted some recommendation from many analysis as Lululemon has been on an absolute tear this year and looks poised to continue their tremendous run. The company has benefited heavily from their recent investments in store openings, and these new experience-type stores that offer a variety of services are part of Lululemon’s growth strategy to expand into new categories, like personal care.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.