When Lululemon Athletica ($LULU) Moves Investors should Listen

September 28, 2023, 17:15 pm ET, BY Christie- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LULU

• Buy LULU slightly over 358.79 target 388.74 stop loss @ 357.75 Details

The technical summary data tells us to buy LULU near 358.79 with an upside target of 388.74. This data also tells us to set a stop loss @ 357.75 to protect against excessive loss in case the stock begins to move against the trade. 358.79 is the first level of support below 380 , and by rule, any test of support is a buy signal. In this case, support 358.79 would be being tested, so a buy signal would exist.

• Short LULU slightly under 388.74, target 358.79, stop loss @ 389.86 Details

The technical summary data is suggesting a short of LULU as it gets near 388.74 with a downside target of 358.79. We should have a stop loss in place at 389.86though. 388.74 is the first level of resistance above 380, and by rule, any test of resistance is a short signal. In this case, if resistance 388.74 is being tested, so a short signal would exist.

Swing Trading Plans for LULU

• Buy LULU slightly over 387.11, target 388.74, Stop Loss @ 385.99 Details

If 387.11 begins to break higher, the technical summary data tells us to buy LULU just slightly over 387.11, with an upside target of 388.74. The data also tells us to set a stop loss @ 385.99 in case the stock turns against the trade. 387.11 is the first level of resistance above 380, and by rule, any break above resistance is a buy signal. In this case, 387.11, 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 387.11, target 376.57, Stop Loss @ 388.23. Details

The technical summary data is suggesting a short of LULU if it tests 387.11 with a downside target of 376.57. We should have a stop loss in place at 388.23 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, 387.11, 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 380.27, target 387.11, Stop Loss @ 379.38 Details

If 380.27 begins to break higher, the technical summary data tells us to buy LULU just slightly over 380.27, with an upside target of 387.11. The data also tells us to set a stop loss @ 379.38 in case the stock turns against the trade. 380.27 is the first level of resistance above 380, and by rule, any break above resistance is a buy signal. In this case, 380.27, 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 380.27, target 376.57, Stop Loss @ 381.16. Details

The technical summary data is suggesting a short of LULU if it tests 380.27 with a downside target of 376.57. We should have a stop loss in place at 381.16 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, 380.27, 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 (LULU) available here: LULU.

LULU Ratings for September 28:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	358.79
P2	374.38	376.57	388.74
P3	380.27	387.11	419.81

AI Generated Signals for LULU

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

How do we know what is going on #behindthescenes of a company?  According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The  Lululemon Athletica (NASDAQ: LULU) report below is a real world example. Included are trading plans for LULU, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.