Trading Lululemon Athletica $LULU With Integrated Risk Controls

November 05, 2023, 18:45 pm ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for LULU

• Buy LULU slightly over 394.45 target 426.95 stop loss @ 393.31 Details

The technical summary data tells us to buy LULU near 394.45 with an upside target of 426.95. This data also tells us to set a stop loss @ 393.31 to protect against excessive loss in case the stock begins to move against the trade. 394.45 is the first level of support below 407.93 , and by rule, any test of support is a buy signal. In this case, support 394.45 is being tested, a buy signal would exist.

• Short LULU slightly under 426.95, target 394.45, stop loss @ 428.18 Details

The technical summary data is suggesting a short of LULU as it gets near 426.95 with a downside target of 394.45. We should have a stop loss in place at 428.18though. 426.95 is the first level of resistance above 407.93, and by rule, any test of resistance is a short signal. In this case, if resistance 426.95 is being tested, a short signal would exist.

Swing Trading Plans for LULU

• Buy LULU slightly over 426.95, target n/a, Stop Loss @ 425.72 Details

If 426.95 begins to break higher, the technical summary data tells us to buy LULU just slightly over 426.95, with an upside target of n/a. The data also tells us to set a stop loss @ 425.72 in case the stock turns against the trade. 426.95 is the first level of resistance above 407.93, and by rule, any break above resistance is a buy signal. In this case, 426.95, 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 426.95, target 404.26, Stop Loss @ 428.18. Details

The technical summary data is suggesting a short of LULU if it tests 426.95 with a downside target of 404.26. We should have a stop loss in place at 428.18 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, 426.95, 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 410.34, target 426.95, Stop Loss @ 409.38 Details

If 410.34 begins to break higher, the technical summary data tells us to buy LULU just slightly over 410.34, with an upside target of 426.95. The data also tells us to set a stop loss @ 409.38 in case the stock turns against the trade. 410.34 is the first level of resistance above 407.93, and by rule, any break above resistance is a buy signal. In this case, 410.34, 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 410.34, target 404.26, Stop Loss @ 411.3. Details

The technical summary data is suggesting a short of LULU if it tests 410.34 with a downside target of 404.26. We should have a stop loss in place at 411.3 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, 410.34, 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 November 05:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	362.97
P2	403.27	389.29	394.45
P3	410.34	404.26	426.95

AI Generated Signals for LULU

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