This is an update of my old chart published more than a year ago (see related idea) That call paid well and here is another chance to gain big. It looks like sideways correction is coming to an end and another big drop is on the cards. The wave C (blue) is already larger than wave A within a small wxy (white). MACD shows Bearish Divergence. Target is at the...
Been stalking this one for a while. We are close to a range break. Might need another day of rest but its close to a multi day move when it can break and close over.
LULU still in correction mode. Waiting for direction
Ahh Lululemon… every single female who dreams of taking the “better me” approach to life loves f***ing $LULU. I swear these clothes have drugs on them. As it stands their rise to being a fashion statement that you can sweat in is fairly impressive but their constant improvements in a simple piece of fabric is what is really impressive. A look into...
Buy above 58 Tgspxt 64.50 Stop loss 56.50 if trade activate.
lulu bullish view for the week ahead, could recover some after a better second quarter with a some what calm after the storm approach low volume on the pullback and the range has contracted nicely after expansion for another possible move up, although i advise caution as price has closed just below its 50ma on the hourly so i would like to see price back above its...
big volume comes in. Long for the next couple weeks small stop loss
Earnins were 14% bettern than expected. Last time earnings were better than expected LULU made 20% profit in less than a year! Here, price bounces out of support area. Implied volatility rasies, almost 30%. If the Gap partially closes next week I expect IV to grow even further and potentially provide some noce premium to collect on selling calls below the support are
*extrapolation from 2012-2014 *currently tracking December 2013 *discretionary stop, support breakout eyes ideal target 10 handles lower
Took advantage of the sell-off at $49.50. Last week this saw a high in the 53S and pulled back to around $52. I am liking the action. I think we see $55
Gapped down to support... bounce or break... what we do from here worth watching www.cnbc.com
Possible long if it has some resistance around the 45.27. But could possibly fall lower around 20%. The drop on earnings is definitely an overreaction. This has a lot of movement on earnings but lets see what it does. If it drops to the points where past resistance happened this might be a good long position.
Technically speaking LULU has broken an uptrend line going back to 2009. The next support level is $45. Fundamentals Here is a good write-up on Lululemon. I favor buying dips, but I am waiting to see where this stock finds demand.