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JederkannGlueck
Oct 10, 2012 3:46 PM

LULU - going down with the market Short

lululemon athletica inc.NASDAQ

Description

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.
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