I discussed in the morning Investing Strategy Notes the anticipated decline today in Lululemon Athletica Stock (LULU). I had indicated in the morning notes that I would wait until Monday. However the stock is down deeper than I expected, over 20% so far today. This is an overreaction in my opinion and I wanted to take advantage of the sell-off and place this trade.
The trade alert provides the details and further comments.
This trade alert is for FullyInformed Members.
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