Bullishcharts
Long

$LULU on verge of next breakout higher.

NASDAQ:LULU   LULULEMON ATHLETICA INC
Entry level $209.50 = Target price $220 = Stop loss $205
Looks like LULU is ready to take the next step higher after consolidating through Sept and Oct.
Indicators are in a bullish formation but a high volume day is required to break through the $209 region.
P/E ratio 51, acceptable in high growth.
Company profile
lululemon athletica , Inc. engages in the designing, distributing and retail of athletic apparel and accessories. It company operates through the following business segments: Company-Operated Stores, Direct to Consumer. The Company-Operated Stores segment comprises of lululemon and ivivva brands; and specialize in athletic wear for female youth. The Direct to Consumer segment is involved in e-commerce business. The company was founded by Dennis J. Wilson in 1998 and is headquartered in Vancouver, Canada.
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A good prediction
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beautiful call on this
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