Lululemon: Still Sweating It Out in the Athleisure Arena? Lululemon, once the undisputed queen of the yoga pant kingdom, is facing a new reality in the ever-evolving world of athleisure. While the brand still boasts a loyal fanbase and undeniable brand recognition, questions linger about its ability to maintain relevance against a growing legion of...
Looks like it’s consolidating but I like how it’s holding trend. And following through with RSI too. Might test the bear flag top. Lulu had some good international sales in China—with 35% growth in revenue over there. 3% growth in USA.
Key Rationale: Fundamentals remain intact making this a very attractive time to be contrarian, ignore the pessimism and buy the dip. Always nice to buy what you know and can see around you. Comments: Credited with the development of athleisure. Hasn't yet seized Pickleball market opportunity. Incessant selling due is unwarranted with one executive...
Lululemon Athletica ( NASDAQ:LULU ) has announced an organizational restructuring, with Chief Product Officer Sun Choe resigning to pursue another opportunity. The company stated that the changes are designed to support the company's growth plans, accelerate product innovation, and enable its go-to-market strategies. Lululemon ( NASDAQ:LULU ) will not replace the...
Lululemon Athletica ( NASDAQ:LULU ), the Vancouver-based apparel retailer, has announced the closure of its distribution center in Washington state by the end of the year, resulting in the layoff of over 100 employees. The company cited business optimization efforts as the reason behind the closure. According to a WARN notice filed with the state's Employment...
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.