lululemon athletica
Long
Updated

LULU PREDICTION - Bullish

109
Bearish Rising Wedge into a Bullish Expanding Triangle.

Past history with LULULEMON has shown strong earnings. Company has a solid business growth strategy. Lulu shouldn't be affected by trade war as much.

Held above the 20 SMA. Trending upwards. RSI and MACD are healthy.

Will history repeat itself? We will find out soon.

Note
Meant to move the box more to the left.

Looking for 15% upside. Stop loss 165
Note
Bingo. moving stop loss up to 175. Taking profits between 190-195.
Note
Bingo. moving stop loss up to 175. Taking profits between 190-195.

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.