Tomorrow LULU comes out with earnings. This company has performed extremely well over the past months and a favorable earnings report could re-ignite the bulls to push it to all-time highs. Will be watching the activity around the earnings release and it will present an opportunity for a long. LULU also has an average target price of 190 and it sitting at 170 so there is room to grow!
Risks
- Could just be a hype rally and have a pull back
- Already very overextended from 1Y chart
Risks
- Could just be a hype rally and have a pull back
- Already very overextended from 1Y chart
