LULU - +25% upside with 1:2.5 RRNice play from the lows on the weekly an monthly.
Momentum building and could see a boost in price action after the fed rate cut.
Could be a big winner if other catalysts come into play.
Breaking the Stretch: LULU Aiming for $355 with MomentumLululemon (LULU) is building strong bullish momentum after successfully filling the $245 bullish gap. The stock is now primed to break through the $275 resistance level, heading toward the next significant weekly resistance level at $354.66. With a favorable 3.39 risk-to-reward ratio, this presents
LULU stock on the cusp of a major reboundLULU stock appears oversold after a downward trend reached key support around $250. The stock seems to have bottomed over the past month. If it holds above the $250 support level, it is poised to break out of the consolidation pattern and move upward toward the resistance zone between $360 and $380.
My transition... + LULU Longer Term Outlook! Short --> LongGood to be back! As I mentioned, I'm going through a transition in my trading world and rebranding myself away from TraderDaddy and building out my own educational business and focusing on my personal trading and my clients development. Expect a username change in the coming days!
I will do my best
Recent catalyst and technical setup good through 285With indicators in the overbought zone, there may be a slight retrace, but it is still bullish, and the target mid-280 could see a shift in momentum, which is why it's a long-term outlook.
Lululemon ($LULU) Slides After Q2 Earnings; Key Levels to WatchLululemon Athletica Inc. (NASDAQ: NASDAQ:LULU ) experienced a sharp pullback early Friday despite posting better-than-expected earnings in Q2. The activewear giant’s outlook and revenue missed analysts' expectations, fueling investor concern.
Fundamental Analysis
Lululemon (NASDAQ: NASDAQ:LULU )
LULU: Sell ideaOn LULU we would have a high probability of having a bearish trend because we have an attempt to break the vwap indicator as well as the support line by sellers.
8/26/24 - $lulu - 1.5% position into print8/26/24 :: VROCKSTAR :: NASDAQ:LULU
1.5% position into print
- still sub 20x
- still desirable among the swipe culture (and i like the products, i've written about how their fabric/ tech remains scarce)
- growing. generates cash. i don't need to repeat what i've written
- stock is bid which tells
LULU Lululemon Athletica Options Ahead of EarningsIf you haven`t bought LULU before:
Now analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-9-20,
for a premium of approximately $16.15.
If t
LULU in at $270, Pullback to $253MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading system is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM
See all ideas
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