CalebDismuke

LULU holding pivot at 55, but for how long?

NASDAQ:LULU   LULULEMON ATHLETICA INC
Technically Speaking
LULU is holding the pivot area of 55ish, so far, the week is not out yet.
A pretty clear range looks to be forming b/w 55-80 level, assuming the 55 level holds.

Fundamentals
Here is a summary of the company.

What to do?
Bit of a tough one for me. The R/R seems to favor the long side, but I think the bigger level and tougher one to break will be the 36-40 area. Depending on your time frame and style you could scale in and stop out completely under 30-35.
Subscribe to my FREE newsletter
http://cdismuke.com/newsletter/
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out