Lululemon Athletica Inc ($LULU) : Hitting kumo resistance

LULU has gapped down has gapped down back in June 6 from $70 to $65 range. It has since went lower and hit support at around $54 before rebounding. There is a pretty good setup now. With LULU trading at around $64.35, it is hitting the resistance from the gap down as well as the… Continue reading Lululemon Athletica Inc ($LULU) : Hitting kumo resistance

$LULU . Once a darling.

$LULU was once a darling for the IBD. It rides on a good wave, targeting the well-heeled and the growing yoga sports culture a couple of years back. As a retailer, LULU’s growing income hinges on its ability to increase its store first across the nation, second the region and third internationally. It was the… Continue reading $LULU . Once a darling.