ericisom887

LULU Bearish Confirmation

Short
NASDAQ:LULU   lululemon athletica
LULU has confirmed that it is now in distribution territory. There's a possibility it may test it's previous ATH before dropping further, but I have 2 price points:

Conservative: 278.47

Aggressive: 250 Range

Price point of Invalidation: 325

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.