JederkannGlueck

LULU - going down with the market

Short
BATS:LULU   lululemon athletica inc
0
LULU is still behaving longterm bullish - but wait until the recent move down is finished. This could take a few weeks to two months - MACD is still very bearish . I'll wait for a drop down 72.50 to open a bearish trade with target at least 66.50 over the next 2 months. This is my opinion - and not a trade recommendation for anyone. Please comment your opinion - I am looking forward to answering your post.
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.