On Friday I setup a trade in Lululemon Athletica Stock (LULU) in the pullback. Today the stock is showing signs that is may turn sideways with its trend.
Lululemon Athletica Stock (LULU) Chart
Looking at the chart for the past month you can see the huge jump in the stock after earnings last week and the dip back on Friday March 29.
Today you can see the stock is trending sideways. Investors are undecided and that indecision may open up further trades if the stock slips to below $160 which it could sometime this week.
At present there is no support in the stock until the $145 level.
Today I reviewed the sideways trend and entered new trades in the stock as I continued to add profits to this trade.
The rest of this LULU Stock trade alert is for FullyInformed Members.
Lululemon Athletica Stock (LULU) Trade Alerts and Ideas for Apr 1 2019
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