Lululemon Athletica Inc. ( NASDAQ:LULU ) encountered a tumultuous Morning trading trading session on Friday, with shares plunging 18.47% following the company's release of guidance that failed to meet analysts' expectations. Amidst challenges in its Americas business and a notable shift in U.S. consumer behavior, the Vancouver-based activewear retailer painted a...
Lululemon is gapping down on earnings despite a double beat. Nike is gapping down on earnings. A trend is showing weakness in these consumer discretionary based stocks. There will be many sympathy plays in the retail space. Watch XRT tomorrow.
If you haven`t bought LULU before the previous earnings: Then analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week, I would consider purchasing the 470usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $39.50. If these options prove to be profitable prior to...
LULU has broken out of a wedge after hitting ATH and then consolidating all of January. Bounce perfectly off the 50 EMA on the daily. Active trade now. Targets $500, $515
Navigating the Growth Trajectory of On Holdings, a Rising Star in Athletic Footwear Support Level: $23.86 Current Price: $27.70 Resistance Zone: $28.53 - $31.95 Target 1: $37.56 Resistance Level 1: $43.32 Resistance Level 2:46.27 Target 1 (Long Term): $50.94 Target 2 (Long Term): $71.96 On Holdings has rapidly become a market leader with its revolutionary...
Lululemon Athletica Inc. emerges as a standout player in the retail game, defying earlier cautious sentiments and setting a tone of confidence. The sportswear giant recently revised its fourth-quarter sales and profit forecasts, surprising both investors and industry observers alike. In a move that reflects resilience amidst economic challenges, Lululemon has not...
The 50-day Moving average is above the 200-day moving average indicating the bulls are driving NASDAQ:LULU price up. Investors have been pushing the share price higher, NASDAQ:LULU still appears to have upward momentum. This is a positive sign for the stock's future value. The candle stick movement of NASDAQ:LULU indicates a large Bullish Harami forming.
Chart is self explanatory. Rising wedge forming inside of a H&S top pattern. Target in the rectangle below. Will likely take 6-9 months to play out.
Analyzing the options chain and the chart patterns of LULU Lululemon Athletical prior to the earnings report this week, I would consider purchasing the 390usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $25.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Strong uptrend and earning gaps, great technical chart and wonderful strong up trend gives us clear view of upcoming move for $lulu.. We need first to clear 390 and 400 . It might gap up strong on Thursday 29 2023 .. Let's see!
Lulumelon Athletica - 30d expiry - We look to Sell a break of 355.85 (stop at 367.85) We are trading at overbought extremes. We have a Gap open at 29/3 from 320.31 to 366.25. Trading within the Wedge formation. The bias is to break to the downside. Expect trading to remain mixed and volatile. A higher correction is expected. Our profit targets will be...
LuLuLemon showing weakness after a group this week. I see a huge opportunity in terms of filling this weeks gapup with downtrend starting now.
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.
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...
USING HEIKIN-ASHI CANDLES on the DAILY CHART - Heavy selloff after earnings on December 8, 2022 - changing short-term technical sentiment from bullish to bearish, and long-term technical sentiment from bullish to neutral. - Broke below key trendline on December 14, 2022 with bearish signal courtesy of Lux Algo. - Dipped and closed below Trend Regularity...
Resistance and looks like a head and shoulders This is a counter trend trade Pe is too high Trade at your own risk Pt 280
$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%)