(LULU) Long Term Investment Analysis

January 16, 2024, 00:52 am ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LULU

• Buy LULU slightly over 458.56 target 493.62 stop loss @ 457.24 Details

The technical summary data tells us to buy LULU near 458.56 with an upside target of 493.62. This data also tells us to set a stop loss @ 457.24 to protect against excessive loss in case the stock begins to move against the trade. 458.56 is the first level of support below 479.94 , and by rule, any test of support is a buy signal. In this case, support 458.56 is being tested, a buy signal would exist.

• Short LULU slightly under 493.62, target 458.56, stop loss @ 495.05 Details

The technical summary data is suggesting a short of LULU as it gets near 493.62 with a downside target of 458.56. We should have a stop loss in place at 495.05though. 493.62 is the first level of resistance above 479.94, and by rule, any test of resistance is a short signal. In this case, if resistance 493.62 is being tested, a short signal would exist.

Swing Trading Plans for LULU

• Buy LULU slightly over 482.36, target 493.62, Stop Loss @ 480.97 Details

If 482.36 begins to break higher, the technical summary data tells us to buy LULU just slightly over 482.36, with an upside target of 493.62. The data also tells us to set a stop loss @ 480.97 in case the stock turns against the trade. 482.36 is the first level of resistance above 479.94, and by rule, any break above resistance is a buy signal. In this case, 482.36, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LULU slightly near 482.36, target 474.52, Stop Loss @ 483.75. Details

The technical summary data is suggesting a short of LULU if it tests 482.36 with a downside target of 474.52. We should have a stop loss in place at 483.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 482.36, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for LULU

• Buy LULU slightly over 482.36, target 483.5, Stop Loss @ 481.23 Details

If 482.36 begins to break higher, the technical summary data tells us to buy LULU just slightly over 482.36, with an upside target of 483.5. The data also tells us to set a stop loss @ 481.23 in case the stock turns against the trade. 482.36 is the first level of resistance above 479.94, and by rule, any break above resistance is a buy signal. In this case, 482.36, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short LULU slightly near 482.36, target 478.13, Stop Loss @ 483.49. Details

The technical summary data is suggesting a short of LULU if it tests 482.36 with a downside target of 478.13. We should have a stop loss in place at 483.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 482.36, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Lululemon Athletica Inc. (LULU) available here: LULU.

LULU Ratings for January 16:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	421.46
P2	478.13	474.52	458.56
P3	483.5	482.36	493.62

AI Generated Signals for LULU

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Technically, Lululemon Athletica Inc. (NASDAQ: LULU) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for LULU change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if LULU is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for LULU too.  All of these are offered below the Summary Table.