LULU BreakoutLULU currently showing some strength compared to the market.
Price is breaking out from the channel.
I am waiting for the candle close so I can find an entry
Key facts today
33,407.82
0.02 BRL
7.71 B BRL
47.83 B BRL
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.
One Good Trade: LULU Following Other Consumer StocksOther consumer stocks are looking strong right now. LULU is no exception. I think their movement is largely dependent on the federal reserve decision today on rate cuts.
Lululemon set to breakout as bullish sentiment reignsKey Insights: Lululemon's recent price action indicates potential upward
movement as it rebounds from previous lows. With recent trends suggesting a
bullish momentum, investors should look for opportunities to capitalize on
possible breakout conditions around the $400 resistance level. The sto
LULU, a stock to watch!Lululemon stock (LULU) has traded down into the $230's for the first time since the COVID-19 Crash of 2020. I believe that LULU is a stock to keep your eye on, for a few reasons.
- The stock is trading at a 20x p/e whereas its historical p/e is in the mid 40's.
- Margins for the company have all b
$LULU - falling wedge breakoutLULU - seeing falling wedge breakout here on daily time frame. looking for calls above $390 for a move towards $400 and higher. Company reported better than expected earnings recently. Stock is decent on indicators.
LULU - Exciting chart and predictable liquidity buildThe story of this chart is definitely bullish and while I am continuing to average into a position of shares here, I do want to identify a confirmation point where we can potentially play some longer-term options and catch the subsequent breakout of the $420 cup/neckline that we've created.
Let's
Lululemon (LULU) - Trend Channel Setup with Strong TargetLululemon is consolidating within a descending channel following a strong impulse move (wave iii). The price is currently forming wave iv and respecting support near $371.70. A breakout from this channel could trigger the next leg higher toward the key Fibonacci targets.
Setup Details:
- Entry Zone
LULU Major Trend RetestLULU has been on a huge run since August to recover the majority of the losses from earlier in the year. Now it's all the way back up to the major trendline it broke below earlier this year that started in 2020.
Coming in for the first retest, would expect a rejection of some sort here. Downside ta
LULU SELL ++++ $415 and addI am looking to start a short position in LULU at $415, I would add every $5, its extremely overbought here and can go a little higher on this stent before correcting. We could test $369 in coming weeks and gap fill
Maximize Returns: Consider Long Positions on LULU next weekRecent Performance: Lululemon Athletica Inc. has shown significant strength
recently, reflecting a positive trajectory in the consumer discretionary
sector. The stock is benefiting from an uptick in consumer spending, with
robust sales growth supported by a strong post-pandemic focus on health
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Displays a symbol's price movements over previous years to identify recurring trends.
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