LULU trade ideas
RANGE breakout Been stalking this one for a while. We are close to a range break. Might need another day of rest but its close to a multi day move when it can break and close over.
INTERESTING $LULU SITUATION Ahh Lululemon… every single female who dreams of taking the “better me” approach to life loves f***ing $LULU. I swear these clothes have drugs on them. As it stands their rise to being a fashion statement that you can sweat in is fairly impressive but their constant improvements in a simple piece of fabric is what is really impressive.
A look into the numbers of $LULU there is a path to a solid sheet. There revenue dipped from the 1st to the 2nd quarter but what is a positive sign is the 5% rev. growth yoy. $LULU efficiency is also something to note as they have a ROA of 17% which is similar to that of $NKE.
Now $LULU chart is the most interesting part. They're are forming a tight range over the last month and a half and with a solid earnings call I see it touching the resistance price around $64. If that does happen we will see a cross up of the 50MA over the 200MA in a bullish manner which could send this to north of $64 with buyer momentum.
Get after it.
lulu looking for some recoverylulu bullish view for the week ahead, could recover some after a better second quarter with a some what calm after the storm approach low volume on the pullback and the range has contracted nicely after expansion for another possible move up, although i advise caution as price has closed just below its 50ma on the hourly so i would like to see price back above its previous days high before thinking about entering.
Gap up out of support after positive earnings surpriseEarnins were 14% bettern than expected. Last time earnings were better than expected LULU made 20% profit in less than a year!
Here, price bounces out of support area. Implied volatility rasies, almost 30%. If the Gap partially closes next week I expect IV to grow even further and potentially provide some noce premium to collect on selling calls below the support are
LULU fractal*extrapolation from 2012-2014
*currently tracking December 2013
*discretionary stop, support breakout eyes ideal target 10 handles lower
$LULU higher lows for the past 3 weeks.Took advantage of the sell-off at $49.50. Last week this saw a high in the 53S and pulled back to around $52. I am liking the action. I think we see $55
Lululemon momentum comes to a screeching haltGapped down to support... bounce or break... what we do from here worth watching
www.cnbc.com
$LULU Possible Long, Past - Present repeat.Possible long if it has some resistance around the 45.27. But could possibly fall lower around 20%. The drop on earnings is definitely an overreaction. This has a lot of movement on earnings but lets see what it does. If it drops to the points where past resistance happened this might be a good long position.
LULU breaks major trendline.Technically speaking
LULU has broken an uptrend line going back to 2009.
The next support level is $45.
Fundamentals
Here is a good write-up on Lululemon.
I favor buying dips, but I am waiting to see where this stock finds demand.
High risk high reward LULU play on earningsLULU is getting absolutely HAMMERED after-market due to bad earnings. It's almost down to $55 overnight. This represents an unprecedented buying opportunity... provided it doesn't fall through the floor I've outlined.
Watch the price action closely at the open. If there's lots of buying pressure, consider jumping in and riding the gap fade up. Could be extremely profitable.
On the other hand, if there's no buying pressure, don't bother with this one.
LULU - Quarter-end washout. 4:1 ST upside. Good entry point LT$51 BUY with $49.95 Stop and ST target bounce back to $54.50 resistance ant MT target $59.75. Fundamental investors will back up the truck at $46 (20x $2.30 EPS), which provides solid underpinning. LULU always gives conservative guidance, setting up for 2017 upside surprises for longer-term investors.
$LULU gap down on earnings to major support$LULU gap down on earnings to major support #stocks #stock #options #option #stocktweets #earnings #gap #gap #ichimoku
