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LULULEMON ATHLETICA INCLULULEMON ATHLETICA INCLULULEMON ATHLETICA INC

LULULEMON ATHLETICA INC

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LULU trade ideas

LULU breakout level!LULU is squeezing on multiple time frames and is getting ready to fire. We are also in a wolf wave pattern with a price target of 350.70 (green dotted line). Today, it formed a doji after a full body candle on the previous day which signals a bullish uptrend ahead of its earnings. We might see LULU get into the earnings run soon! Looking for this wolf wave to pan out in the next couple weeks. If you're planning on getting into this option trade, I'd go 2-3 weeks out. I'll update this as we go. Suggested contracts: LULU 4/30 350C @ 1.25 LULU 4/30 340C @ 2.40
NASDAQ:LULULong
by Ross-Santos
Pull Back FishingLooks like some were not happy with earnings. There was a possible head and shoulders pattern prior to the deep pull back. Now there is a falling wedge which can be bullish when price breaks up and out of the upper trendline. A falling wedge slopes against the trend and converges at the apex. LULU has not broken upper trendline of the wedge. The falling wedge pattern is interpreted as both a bullish continuation and bullish reversal pattern. The differentiating factor that separates the continuation and reversal pattern is the direction of the trend when the falling wedge appears. A falling wedge is a continuation pattern if it appears in an uptrend and is a reversal pattern when it appears in a downtrend. Falling wedges are formed No recommendation
NASDAQ:LULU
by lauralea
2
Turning point for Lululemon nowlululemon Why it was founded? Founder Chip Wilson heard people talking about yoga 3 times at 3 different places, that thing will become a trend. #principleofthree Why it will become success? a. unique, low cost and sticky marketing technique - community marketing (Yoga teacher=brand ambassador) b. good quality cloth technique - seamless sewing machine from Japan c. Combine of two unique items - Athlete + style; healthy lifestyle that is getting trendy nowadays, and people needs style when doing exercise. <> Technically, it broke out from range 40-80, climbing up on the uptrend channel, and it is forming a reversal (look like M shape reversal?). However, Mar 2020, it fell sharply due to pandemic, Mar 2021, it has rebounded strongly within a month. Will it A) continue to renounce and reject the M reversal?, or B) unable to break resistance and trend down?
NASDAQ:LULU
by kenplicity