Price completed an M/Shark pattern which reversed at the .886 of OX.
The shark helped positive price movement temporarily but this was bound by trendlines of the triangle.
Price is beneath the triangle now.
The Shark is labeled 0XABC.
Earnings 3-28.
No recommendation.
EPS (FWD)
9.92
PE (FWD)
29.57
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
2.52%
Market Cap
$37.39B
Daily triple top pattern. Looks like it's ready for the next leg down. There is some support around 310.65'ish. Ideally I would like to see price break through this level as well as trendline support.
Price has bumped in to the old neckline from a prior H&S pattern.
T1 met. T2 is in smaller type then T3 is in even smaller type.
Earnings are 12-8 AMC. This one usually beats earnings but it will depend on how the market is feeling at earnings date.
This is a high end retailer and I love LULU, but nothing is cheap. They say the rich (which I am not) do not...
Ideally the neckline would slope upwards instead. Still a beautiful pattern ... in formation.
No breakout below the neckline yet.
This breakout could be exactly the trigger which the bears are looking for to trade this downtrending market.
For the bears still, watch out for the two ugly bullish candles that arose at the end of the year. Volume below average...
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...
I'm extremely bearish on Lululemon.
I have no idea how the price remains this high. It's an overvalued stock compared to it's sector and it has a fat head and shoulders formation on high timeframes.
I can see it coming down below $200/sh.
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...
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...
Lulu looks like it's still playing out H&S with the neck line at $282.
Breaking down below $282 neck line will be bad and could send the stock to $247 again.
The full measured move for the break down is $75 and it is quite hard to imagine the stock going down to that level.
I am neutral. 👀ing for opportunity to load.
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Trade is done when it hit one of the...
Looks like $LULU is making higher highs and has smart money at my OB where the buy limit is in place looking to get a $95 move over the next 2-5 months
The PEAD projected a Bullish outlook for $LULU after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
