pool adsLululemon Athletica $LULU Technical Update
The Lululemon Athletica (NASDAQ: LULU) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for LULU, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.
Technical Summary
| Term → | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Neutral | Neutral |
| P1 | 129.36 | 103.32 | 110.99 |
| P2 | 133.99 | 119.67 | 142.89 |
| P3 | 138.22 | 135.49 | 174.76 |
Support and Resistance Plot Chart for LULU
Long Term Trading Plans for LULU
January 13, 2019, 4:45 pm ET
The Technical Summary and Trading Plans for LULU help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this LULU Report.
LULU - (Long) Support Plan
The technical summary data tells us to buy LULU near 110.99 with an upside target of 142.89. This data also tells us to set a stop loss @ 110.73 to protect against excessive loss in case the stock begins to move against the trade. 110.99 is the first level of support below 132.16 , and by rule, any test of support is a buy signal. In this case, support 110.99 would be being tested, so a buy signal would exist.
LULU - (Short) Resistance Plan
The technical summary data is suggesting a short of LULU as it gets near 142.89 with a downside target of 110.99. We should have a stop loss in place at 143.15 though. 142.89 is the first level of resistance above 132.16, and by rule, any test of resistance is a short signal. In this case, if resistance 142.89 is being tested, so a short signal would exist.
