As members know I setup a trade in Lululemon Athletica Stock (LULU) using the Trade Ahead Of Earnings Strategy.
On Wednesday after the markets closed Lulu released disappointing earnings. Their forward guidance for at least the next quarter was also weak.
The stock sank after hours by 18% to $54.25.
This article outlines how I plan to handle the trade on Thursday as well as going forward over the next week or two depending on how the stock performs.
Lulu Stock Update – Trade Alerts Ahead Of Earnings
The rest of this trade alert and ideas article is for FullyInformed Members..
Lulu Stock Update – Trade Alerts Ahead Of Earnings
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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