TradingView
KLang
Mar 29, 2014 5:12 PM

LULU 

lululemon athletica inc.NASDAQ

Description

I really don't like their fabric these days. I think they cheaped it up for the sake of their margins to make up for the fact that growth was slowing. I also think they'll be losing customers because of them. I gave them a second chance, but the pair I bought a few months ago does not compare to my unworn leggings from 5 years ago. That said, there could be a Gartley here and perhaps a Crab as well. This is a hold your nose, shut your eyes and dive kinda play.
Comments
OldGoat
The C on the intraday is a 786 retrace when pre-post market is included. I dropped my AB=CD target to 55.08 to reflect the pre/post market price action. About 730K in the pre-market on 3/27 -- Low 45.80.

While the Gartley/Crab are still possible, I'm a bit spooky about LULU.
KLang
I don't include AH action in charts - it's a sure way to screw with your head. I don't really like LULU, nor do I want to play it...just put the idea out there :)
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