LuLuLemon showing weakness after a group this week. I see a huge opportunity in terms of filling this weeks gapup with downtrend starting now.
A rounded top has formed on LULU Completing this rounded top leaves price at around 190 - 200$ Following the rounded top a recovery ensues which is normally quite strong
Looking at the LULU Lululemon Athletica options chain ahead of earnings , I would buy the $310 strike price Puts with 2023-4-21 expiration date for about $14.65 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
LULU (LULULEMON)- either way... waiting for a signal to confirm which side will go.
lulu ih&s comparison to NIKE and TJ Max. opp on lowered guidance
A break back below $295 spells trouble for my favorite pair of leggings. Good risk/reward set up as we are consolidating below structure in a bearish way. H&S topping pattern in the making after a long term (TCT) Thrust, Consolidation, Thrust has played out on the monthly. Lulu has over-produced based upon last earnings call with inventory rising 85% and...
Technical Analysis: A bearish head and shoulder pattern has emerged and a short signal appeared. A break below 273.6 would be a clear confirmation of long term downtrend. Fundamental Catalyst: LULU inventories increased 85% in Q3 2022 compared to Q3 2021. With over 60% of their revenue coming from retail, LULU will continue to face immense competition from...
NASDAQ:LULU If it passes the bearish line it's time for a short position, and if it passes the bullish line it's time for the Long position, the price targets are on the chart.
Order BUY LULU NASDAQ.NMS Stop 300.60 LMT 300.60 will be automatically canceled at 20230401 01:00:00 EST LULU daily bullish hammer at long time support conservative stop, quick 1.2R countertrend
I am looking for a pullback on LULU here around 284 and if not then 297. Once we have a confirmed rejection off one of those lvls we can snag some puts and we can go for a short position
$LULU - Consumer Cyclical | Apparel Retail breakout of year long bullish wedge pattern, retaking its 200MA, AVWAP from ATH and YTDH with higher lows since late may'22. latest ER on 1/9 reports continual YoY growth for both EPs (+33%) and Sales (+29%)
Higher probability of downside move with Lulu earnings scheduled evening of 09/01: 1. Multi-month head and shoulders was cleanly pierced and then retested with downward pressure from its base. 2. Multi-week down trend off of 200 SMA. 3. Multi-day weakness leading to today, with overall rounding of price to the downside. 4. Multi-year support would occur...
WE HAVE Basically already closed above resistance here WE NEED 1-2 candles on the daily above this lvl to ensure that this isn't just a fakout! There is a lot of range above resistance that we can play with
LULU getting near base breakout. If market stays strong next week, LULU can breakout over 313. Keep in mind that market is extended for now. So risk is elevated for longs here compared to last 2 weeks. AUG 5 220C can work
Inside week on LULU and also forming a triangle pattern. Top of the trendline and 50DMA are pretty close to each other. Most of the names had inside weeks last week and we have FED on Jul 27th. The only thing i am thinking about is if market moves past its range this coming week or the week after when FED makes an announcement but nonetheless these setups can be...
LULU has formed a megaphone pattern above the top of a dominant up channel This up channel may act now as support on this 3D chart Earlier price formation shows a symmetrical triangle
Seems a bit overbought on couple indicators, time will tell.
LULU has weakening momentum, a long term H&S and volume cueing in a downside move. You can see that historically, LULU likes to make H&S patterns with the neccessary retest at the end of the H&S slightly overextending the trendline before capitulating. Taking a long-term short for a few months out is my play of choice. A calandar spread is a good way to hedge but...