LULU trade ideas
$LULU bull-flag runnerBeen trading this setup nicely since the Q4 2018 dump
$LULU has great relative strength and is setting up a beauty bull-flag
Targets are the fib extensions off the flag
Calls in the 155+ range seem reasonable
Booked 109% in one day hold. just one of those things that worked out. Bot yesterday before BO. Trimmed calls by 1/3 as sill positive. re-couped 75% of our investment.
LULU-flagSymbol LULU
setup flag
Upcoming Earnings Jan 29, 2019 (EST) Mar 26, 2019 (EST)
Horizontal S&R: yes
Channel S&R: no
MA S&R: yes
>200ma: yes
Volume confirmation: ok
Candle Confirmation: yes
Stoch Divergence: no
Reg Trendline >85: no
Short Float: 4%
Entry 153
Stop 143
Price Target 173
Risk / Reward: 1:2
Zacks Rank: 2-Buy 2 Style Scores: F Value | A Growth | A Momentum | B VGM Industry Rank: Top 7%(17 out of 255) Industry: Textile - Apparel
Any feedback is welcomed.
Lulu at the top of the channel from ATHLikely to get a reaction down
SPX also at 200DMA. Loaded up on lulu puts!!
went long Mar 1 152 1/2 calls @ 3.30I like the momentum on this one. IMHO, may test October's highs of +/-162..
$lulu #lulu long$lulu #lulu long, 160 next week? Cup and handle in motion, 6 month cloud almost stepping out.
LULU - the Lemon might fall from the treeUntil I see a valid bull case, there's no reason not to open up long puts under $147 on this one. Long term? Sure, I have faith in it - I mean who doesnt respect Mark Cuban... But there's an opportunity to go short here.
LULU lulululuPredicting a double top at $165. No sellers at all. Target exit is $163ish.
I bought my calls yesterday, didn;t have time to post.
LULU about to pull back?looking for LULU to pull back. 153 is the gap fill form august 31st as well as a strong Fib line. if it does not push through this a good chance it falls out of the upward channel for a pullback. it is also getting over bought per the RSI
LULU above 100 & 200 dmasLULU shows relative strength, holding above its 100 & 200 day moving averages. Its long-term trend is still intact.
Disclosure: long LULU
LULU watch list Zacks Rank: 1-Strong Buy 1 Style Scores: F Value | A Growth | A Momentum | C VGM Industry Rank: Top 17%(43 out of 255) Industry: Textile - Apparel
LULU too tight trading range up hereLULU sure looks very toppy and versus it's pears quite high PE. I'd be extremely careful pushing the up side. Sure looking like a gab fill candidate.
