LULU - +25% upside with 1:2.5 RRNice play from the lows on the weekly an monthly.
Momentum building and could see a boost in price action after the fed rate cut.
Could be a big winner if other catalysts come into play.
Key facts today
22,240.49
0.02BRL
7.71 BBRL
47.83 BBRL
About lululemon athletica
Sector
Industry
CEO
Calvin R. McDonald
Website
Headquarters
Vancouver
Founded
1998
ISIN
BRL1ULBDR005
FIGI
BBG00RD6RNK0
lululemon athletica, Inc. engages in the business of designing, distributing, and retailing technical athletic apparel, footwear, and accessories. It operates through the following segments: Company-Operated Stores, Direct to Consumer, and Other. The company was founded by Dennis James Wilson in 1998 and is headquartered in Vancouver, Canada.
Breaking the Stretch: LULU Aiming for $355 with MomentumLululemon (LULU) is building strong bullish momentum after successfully filling the $245 bullish gap. The stock is now primed to break through the $275 resistance level, heading toward the next significant weekly resistance level at $354.66. With a favorable 3.39 risk-to-reward ratio, this presents
LULU stock on the cusp of a major reboundLULU stock appears oversold after a downward trend reached key support around $250. The stock seems to have bottomed over the past month. If it holds above the $250 support level, it is poised to break out of the consolidation pattern and move upward toward the resistance zone between $360 and $380.
My transition... + LULU Longer Term Outlook! Short --> LongGood to be back! As I mentioned, I'm going through a transition in my trading world and rebranding myself away from TraderDaddy and building out my own educational business and focusing on my personal trading and my clients development. Expect a username change in the coming days!
I will do my best
Recent catalyst and technical setup good through 285With indicators in the overbought zone, there may be a slight retrace, but it is still bullish, and the target mid-280 could see a shift in momentum, which is why it's a long-term outlook.
Lululemon ($LULU) Slides After Q2 Earnings; Key Levels to WatchLululemon Athletica Inc. (NASDAQ: NASDAQ:LULU ) experienced a sharp pullback early Friday despite posting better-than-expected earnings in Q2. The activewear giant’s outlook and revenue missed analysts' expectations, fueling investor concern.
Fundamental Analysis
Lululemon (NASDAQ: NASDAQ:LULU )
LULU: Sell ideaOn LULU we would have a high probability of having a bearish trend because we have an attempt to break the vwap indicator as well as the support line by sellers.
8/26/24 - $lulu - 1.5% position into print8/26/24 :: VROCKSTAR :: NASDAQ:LULU
1.5% position into print
- still sub 20x
- still desirable among the swipe culture (and i like the products, i've written about how their fabric/ tech remains scarce)
- growing. generates cash. i don't need to repeat what i've written
- stock is bid which tells
LULU Lululemon Athletica Options Ahead of EarningsIf you haven`t bought LULU before:
Now analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $16.15.
If t
LULU in at $270, Pullback to $253MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading system is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM
See all ideas
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