LULU - H&S short setup LULU - Short alerted at 192.43 on Friday. Stop loss 196.53, Target 172.13. Target 2 163.66 Target 3 141.23.Earnings were fine but they failed to provide an update for guidance. What does that tell you! if i was long i would be selling , i am short so i will be holding. Holding $195 May puts. Still a possible trade using same options. Would look to take some profits on the way down.