RSI/price divergence and weekly trend at resistance, should be a good short opportunity. I'll be looking for $230-240 puts exp mid to late July.
Will watch LULU tomorrow and see what kind of action happens. Think if it holds this demand it currently is in, which aligns with .32 fib retrace, possibly a good opportunity to grab some calls for the upside for wave “c.” If current demand fails, will wait for it to drift down to next level demand. If gaps up in the overnight, like this market seemingly likes...
LULU test support/resistance range 186-193 for 4 trading days. YOY sales growth Great Earning Result Strong fundamentals Good Product If the stock can complete confirmation of breakout in the next trading days, its up for a run @ 196 Still cover your loss at 181.71 if market goes down due to Corona Virus. Disclaimer: This is just my idea as I want to share...
just fakken mewn it m8 (inverse)
So 1st wave on 14d chart back in the time of first Hyper Growth Period for LULU had 27 bars , and 2nd wave is somewhat 1/3 shorter. Current 1st wave is counting 25 bars , and second is more then 2/3 of 25. so it should crack soon.
14D , 2W chart... This is impressive for yoga pants company.. however it's a bubble. watching to short as soon as divergence turns red.
Potential buy opportunity after pullback. lchimoku Cloud indicates high buying volume & momentum. Flat 9 day MA indicating a pullback. Moving average & price disequilibrium. Lagging span still has a bit of momentum 26 day moving average high momentum. Price is expected to drop & pullback to higher highs.
We will continue the drop to the bottom of the Bollinger bands which coincidentally also the 50 Log-EMA level which should provice some resistance and hopefully we bounce back from there. If you also long from that point put your SL below the band and the EMA.
LULU has been trending upward and gaining momentum as it enters a new all time high price level.
Like the way this $LULU is acting here, i just going to follow this days.. Maybe a good option.
LULU has been rising in a trend channel since April. The price recently pulled back to channel support and then consolidated there. On Oct 10 the price broke above the consolidation signaling a long entry. The chart shows two trade scenarios. One is entering when the price breaks above the consolidation. This trade has a 6:1 reward to risk based on the estimated...
Here is a great opportunity to pick up Lululemon Athletica . At Three Percent Trades we have a price target of $216.00 / share, which is a potential upside of 16.9%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Thinking about shorting the golden ratio/200 MA for a day trade - medium/big size position, since SL is tight. Close above that will look for longs aiming for trendline resistance
Lulu just had a breakout. A good time to buy a half position.
So we netted a 2000% return on Dave & Busters puts, let's take a look at another bigger name is a small earnings group of mostly no names. LULU should be a good play. STRADDLE this with some options. I'll give us an upside potential of $183.00 and if things get ugly a downside target of $133.00. Let me know your thoughts in the comments below and have a great day.
Bearish Rising Wedge into a Bullish Expanding Triangle. Past history with LULULEMON has shown strong earnings. Company has a solid business growth strategy. Lulu shouldn't be affected by trade war as much. Held above the 20 SMA. Trending upwards. RSI and MACD are healthy. Will history repeat itself? We will find out soon.
$LULU has been an exceptional stock; going up 79% the past year. We have a potential setup occurring for a profitable swing trade. What to watch (1 week time frame): - We see an incomplete head and shoulders - right shoulder can reach all time high (shown above). - Ichimoku cloud shows bullish for next weeks or month to come - We will see the stock move higher...