Get started
LLL

Lululemon Athletica

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

LULU trade ideas

LULU fundamental long after earningsLululemon reported earnings yesterday that were strong and further buttressed our bullish outlook on the apparel maker’s fundamentals. Despite increasing trade war tensions, LULU has notably low exposure to China, with a mere 6% of inventory sourced from China. Nonetheless, the company has established a clear plan for dealing with the sourcing issues that could possibly result — the company will hedge with more air freight. As companies anticipate higher tariffs, ports could become congested. By flying in more products instead of shipping them by sea, LULU can dodge the problem. Lululemon CFO Patrick Guido said on Wednesday that they were “anticipating port congestion around the mid-to-late July time frame.” Following Wednesday’s announcement, sell-side firms praised the good results and adjusted their ratings accordingly. Oppenheimer expects “continued sales strength,” Telsey rates outperform with “limited exposure to china and strong top-line momentum,” Canaccord Genuity rates a buy with a price target of $194, MKM Partners lifted its target to $215, and Cowen rates outperform, noting product and guest engagement which are set to continue through Q2 and beyond.
NASDAQ:LULULong
by LaurenTrading
LULU Day Trade Breaking All Time Highs, Strong Chart/Premarket LULU is breaking all time highs after positive earnings on Wednesday after market close, stock is strong after market yesterday and today. What I would look for is higher highs and higher lows. It needs to stay above 179.50 all time highs. If the volume is good and it gives a pullback after the market opens then I would look to go Long. Its Daily chart is strong and so is the 15 min chart showing the premarket.
NASDAQ:LULULong
by swara7kadir
LULU Earnings TomorrowTomorrow LULU comes out with earnings. This company has performed extremely well over the past months and a favorable earnings report could re-ignite the bulls to push it to all-time highs. Will be watching the activity around the earnings release and it will present an opportunity for a long. LULU also has an average target price of 190 and it sitting at 170 so there is room to grow! Risks - Could just be a hype rally and have a pull back - Already very overextended from 1Y chart
NASDAQ:LULULong
by bluevein
LULU Showing signs of double topping & Bubble Deflation.The price action on the weekly chart clearly shows we have a double top on the candlestick bodies and a stark and merciless incidence of classic bearish divergence. The RSI does appear to have a resistance line it began to set in May of last year and that does give some more wiggle room for perhaps a couple of small green weekly candles. A look at the daily chart shows that the RSI resistance is still very present and it predicts a downturn from the current level. The blue is divergence from within the current top and the orange is long term divergence from the other top, so the second top has internal divergence to tear it apart, and it divergence from the first top. As a general rule “gaps get filled” and the price action gapped up and that distance should generally be filled. A look at the volume profile also shows there is not a whole lot of volume holding this uptrend up and our next High Volume node is at 125. We might see some distribution there if the indicators show some bullish divergence but I think that would be a bull trap as we continue down to $80 or even lower as the LULU bubble deflates Moving average traders should be watching for a bearish cross of the 50 and 200, which came frightfully close. When it does happen I don't think we will see the bear-bull-bear cross combo, I think the bear cross will happen once and be severe, but that is more a strong hunch than a prediction
NASDAQ:LULUShort
by This_Guhy
1