Buy LULU, don’t just shop there.
Ticker: LULU
Key data:
* Market cap: 37.3b
* PE: 21.92
Execution metrics:
* Entry: $291.63
* TP: $318.34
* SL: $221.68
Profit paths:
* Buy shares at market open
* Dec 320/290 Bull Put
Technical Support:
* Money flow: Positive
* POI: 1 ATR
* Justification: Leaving demand. Relief after creating new low. Fresh supply to test .
Fundamental Support:
* Analyst 1Y target: $311.32
* Next earnings: Dec 5 2024
* Justification: strong revenue YoY, net income increasing YoY, short + long term assets > liabilities
Key data:
* Market cap: 37.3b
* PE: 21.92
Execution metrics:
* Entry: $291.63
* TP: $318.34
* SL: $221.68
Profit paths:
* Buy shares at market open
* Dec 320/290 Bull Put
Technical Support:
* Money flow: Positive
* POI: 1 ATR
* Justification: Leaving demand. Relief after creating new low. Fresh supply to test .
Fundamental Support:
* Analyst 1Y target: $311.32
* Next earnings: Dec 5 2024
* Justification: strong revenue YoY, net income increasing YoY, short + long term assets > liabilities
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