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
LULU LongAlert set for LULU at 425 for buys. will consider entry based on price action at this level.
Potential S/R swap at 400-415 and .618 FIB retracement at this level.
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
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 (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
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Displays a symbol's price movements over previous years to identify recurring trends.
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