Lulu has a good long setup. Probabilities are in our favour to take a $16 move or higher on this ticker. Not financial advice. Good luck
If you haven`t bought LULU before the previous earnings: Then analyzing the options chain and the chart patterns of LULU Lululemon Athletica prior to the earnings report this week, I would consider purchasing the 470usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $39.50. If these options prove to be profitable prior to...
Lulu weekly resistance reversal down to 385, NASDAQ:LULU
Re-entered Lulu here at 446. The continued downward trend followed the ABC subwave from the previous entry (white circle) and now has the support of the bottom of falling wedge pattern. Price reversal and pivot from the end of wave 4. Buying (again) today with 1% allocation. Open @ 446.5 TP @ 509 c.14% ‐--‐----------- Strategy: Based on Elliot wave theory, pivot...
LULU is entering a really important level here and is close to breaking out of a ~3 month descending channel. As a result, I would expect a strong move at breakout if we get one and a swift move to 483 with a high chance of testing 491 in the next few trading sessions.
LULU has broken out of a wedge after hitting ATH and then consolidating all of January. Bounce perfectly off the 50 EMA on the daily. Active trade now. Targets $500, $515
Lululemon Athletica ended last year by climbing to new record highs. Now it’s pulled back, and may draw attention from dip buyers. The first pattern on today’s chart is the December 8 breakout after earnings and revenue beat estimates. LULU has given back most of the gains and revisited the pre-earnings closing high. Will old resistance become new...
LULU - Looks like it may be rolling over with potential support just below the current level. Insider selling by the chief brand officer also caught our attention.
Lulu had a slight dip this morning, and I took the opportunity to add another contract. The chart still appears promising, and the market seems to be shaping up similarly to yesterday.
Lululemon Athletica Inc. emerges as a standout player in the retail game, defying earlier cautious sentiments and setting a tone of confidence. The sportswear giant recently revised its fourth-quarter sales and profit forecasts, surprising both investors and industry observers alike. In a move that reflects resilience amidst economic challenges, Lululemon has not...
LULU has shown a promising reversal candle, and my upcoming targets for this week are set at $498.57 and $502.18.
It's late at night I just wanted to mention this. I'm hoping to fill two puts in the morning when the market opens. LULU 505p 1/26/24 currently at 17.03 LSE:500P 2/16/24 currently at 13.20 $490p 2/16/24 at 15.93 Hopefully LULU doesn't open too red so my order will fill. Going to do more DD in the morning. I will keep this idea updated. Cheers
The 50-day Moving average is above the 200-day moving average indicating the bulls are driving NASDAQ:LULU price up. Investors have been pushing the share price higher, NASDAQ:LULU still appears to have upward momentum. This is a positive sign for the stock's future value. The candle stick movement of NASDAQ:LULU indicates a large Bullish Harami forming.
Lululemon is a strong investment with a loyal customer base and a healthy balance sheet. The company is well-positioned to benefit from the expected decline in interest rates and inflation. Time@Mode shows a low risk entry in quarterly scale here, with worst case scenario downside being a drop under $326.93, which considering potential upside, makes this a very...
Chart is self explanatory. Rising wedge forming inside of a H&S top pattern. Target in the rectangle below. Will likely take 6-9 months to play out.
Lululemon spent more than half of 2023 in a range, but now it could be starting to run. The first pattern on today’s chart is the bullish gap after LULU was added to the S&P 500 last month. The stock pulled back in late October, made a higher low and proceeded to a new 52-week high. That may suggest it’s trying to break out. Second is the range between $415 and...