Get started
LULULEMON ATHLETICA INCLULULEMON ATHLETICA INCLULULEMON ATHLETICA INC

LULULEMON ATHLETICA INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

LULU trade ideas

LULUAnother one I'm watching today. LULU is just hanging out chopping up and down trying to figure out where to go. For this one, falling out from a previous wedge, my bias is to the upside ... eventually. Either 1) if we go to demand, I'd like to look for an entry long because generally after price breaks down from a wedge pattern, price action tends to retrace and backtest the wedge, with the wedge acting as resistance. Or 2) if we go straight back up to back test, just so happens that the back test area is in alignment with a supply zone. So, eventually I see LULU making its way back up to back test. If we go to demand zone below, I'll enter a small long with price target up to the supply zone. If we go up first to supply zone and back test, I'll watch as there is potential to re-enter the channel and go trough supply. My bias is to short once price enters supply.
NASDAQ:LULU
by PT_Marche
LULUWill 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 to do both up and down, will see what price does if it shoots to the upside price target / supply zone around the $215 area.
NASDAQ:LULU
by PT_Marche
3
Observation on LULU, upside breakout possible?DISCLAIMER: Already have a long position on LULU, possibly looking to add more on pullbacks. Looking at the chart patterns it looks like a bull flag has developed on the 1, 5, and 15 minute charts. The price action is above the ichimoku cloud signalling a bullish move on the 1 and 5 minute charts. Looks like this could be preparing for a near term move to the upside once it breaks the bull flag channel. Coupled with a good chart pattern developing, the price action has a good level of fundamentals as a company, LULU recently reported blowout numbers that were above expectations and adjusted guidance for the year upwards. I am thinking on any pullbacks (10% or more) I'll probably add to the portfolio long term as LULU looks to be on par with NKE.
NASDAQ:LULULong
by jdizzle420