INTERESTING $LULU SITUATION
Ahh Lululemon… every single female who dreams of taking the “better me” approach to life loves f***ing LULU. I swear these clothes have drugs on them. As it stands their rise to being a fashion statement that you can sweat in is fairly impressive but their constant improvements in a simple piece of fabric is what is really impressive.
A look into the numbers of
LULU there is a path to a solid sheet. There revenue dipped from the 1st to the 2nd quarter but what is a positive sign is the 5% rev. growth yoy. LULU efficiency is also something to note as they have a ROA of 17% which is similar to that of NKE.
NowLULU chart is the most interesting part. They're are forming a tight range over the last month and a half and with a solid earnings call I see it touching the resistance price around $64. If that does happen we will see a cross up of the 50MA over the 200MA in a bullish manner which could send this to north of $64 with buyer momentum.
Get after it.
A look into the numbers of
LULU there is a path to a solid sheet. There revenue dipped from the 1st to the 2nd quarter but what is a positive sign is the 5% rev. growth yoy. LULU efficiency is also something to note as they have a ROA of 17% which is similar to that of NKE. Now
LULU chart is the most interesting part. They're are forming a tight range over the last month and a half and with a solid earnings call I see it touching the resistance price around $64. If that does happen we will see a cross up of the 50MA over the 200MA in a bullish manner which could send this to north of $64 with buyer momentum.Get after it.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.