LULU - Lululemon Athletica Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Stockaholic, Mar 31, 2016.

  1. Stockaholic

    Stockaholic Content Manager

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    [​IMG]

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    Lululemon Athletica Inc. (LULU), styled as lululemon athletica, is a Canadian athletic apparel retailer. It is self-described yoga-inspired athletic apparel company and a designer and retailer of technical athletic apparel, which produces a clothing line and runs international clothing stores from its company base in Vancouver, British Columbia, Canada. The company makes a number of different types of athletic wear, including performance shirts, shorts, and pants, as well as lifestyle apparel and yoga accessories. The firm has been a magnet for numerous controversies including product recalls, product quality issues, overpriced merchandise, making misleading statements to artificially inflate its stock price, marketing efforts that exclude overweight customers, accusations by shareholders of fraud, false advertising and controversial statements by a founder. They sell their clothing internationally. Key competitors include Athleta, Nike and Under Armour.
     
    #1 Stockaholic, Mar 31, 2016
    Last edited: Mar 31, 2016
  2. T0rm3nted

    T0rm3nted Moderator
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    Does LULU drop down and breakthrough support, or bounce back up and head up to the near 70's? It appears to have corrected itself after it's jump on earnings. I wonder if the Under Armour (UA) issues will have any impact on how this one plays out. I don't think this one will drop down under 60 and then it may head back up to 65 or 70.

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  3. StockJock-e

    StockJock-e Brew Master
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    Nice one!

    This looks like a bit of a panic sell off here, is something horrible happening with yoga pants sales?

    If not, I think long here with a stop at $60 is a good knife catching strategy!
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Looks like some decent support around this area with more support at the 200MA as well. Could be a decent entry point up to the $66-68 range.

    upload_2016-5-16_22-49-36.png
     
  5. T0rm3nted

    T0rm3nted Moderator
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  6. StockJock-e

    StockJock-e Brew Master
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    Coming up on resistance levels
     
  7. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (6/8/16)
    Earnings: EPS $0.30 Revenue $495.5M
    Estimates: EPS $0.30 Revenue $488M

    Up 5.31% today so far
     
  8. StockJock-e

    StockJock-e Brew Master
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    Najarian saying call buyers coming into LULU this morning
     
  9. StockJock-e

    StockJock-e Brew Master
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    OW!

    - 9%

    Lululemon (LULU) Stock Tumbles on Q2 Results, Guidance

    NEW YORK (TheStreet) -- Shares of Lululemon Athletica (LULU) were slipping 9.14% to $69.65 on heavy trading volume mid-Friday morning after the company posted revenue for the 2016 second quarter that missed estimates and a soft profit outlook after yesterday's close.

    Following the report, Morgan Stanley downgraded shares of the Vancouver-based athletic retailer to "equal weight" from "overweight," cutting its price target to $70 from $74 this morning.
     
  10. heyimsnuffles

    heyimsnuffles Active Member

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  11. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Big pop on upgrade

    upload_2016-12-8_7-9-42.png
     
  12. StockJock-e

    StockJock-e Brew Master
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    Monster gap!
     
  13. Gambit

    Gambit Active Member

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    StockJock-e likes this.
  14. T0rm3nted

    T0rm3nted Moderator
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    Closed one gap, with more room to close another. Flirting with the 200MA and bouncing off it as support.

    upload_2016-12-20_19-35-6.png
     
  15. heyimsnuffles

    heyimsnuffles Active Member

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    I NEVER know which way this stock is going. Been on the no trade list for a while lol
     
  16. Gambit

    Gambit Active Member

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    $LULU this can hit 64.50-65 tomrw,, will wait till tomrw to short
     
  17. StockJock-e

    StockJock-e Brew Master
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    LULU getting a lot of competition in the sector, its not the standout brand it used to be 5yrs ago.
     
  18. Gambit

    Gambit Active Member

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    $LULU Nice chart.
    [​IMG]
    posted by seeitmarket on stocktwits.com
     
  19. StockJock-e

    StockJock-e Brew Master
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    Well, $50 support?

    Anybody looking for a bounce play here?
     
  20. fidelgeorge

    fidelgeorge Well-Known Member

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    Shares of Lululemon ($LULU) moved sharply lower in pre-market trading after the yoga wear maker reported weaker than expected fourth quarter earnings and provided disappointing guidance for the current quarter.
     

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