$Lululemon Athletica(LULU)$inc-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Lululemon Athletica(LULU)$incoming [Earning] Promise you a go bulk buy?

Despite Russia Ukraine crisis, a must look catalyst to a stock will be earning report and that's soon with LULU, a monster apparel & goods stock with market cap approx 40.75B.

Before I detail in term of technical analysis, lets have some idea on it past earning report, last Dec 2021 revenue hit 1.45B above expectation with EPS 1.62 and previous Sept 21, revenue above expected with 1.45B and EPS hit 1.65. Thats looks promising business🤩

Since earning report Sept 2021, share price hike from $384 to all time high $477. However, a trial to rally with earning report hope on Dec 2021 is not strong enough to capture investors interest. Till day, price dropped to $315.

Then, how to react with next earning, guys?

Here is the idea I might consider for now by using technical analysis.

Monthly chart is promoting a good and strong support for current range price, while immediate resistance will be $370 range. However, I have not yet see any sign of reversal candle in this timeframe

Looking deeper into weekly chart, a clear version of support zone I get at $295.86 which I consider asprevious S&D zone DBR. Plotting volume profile it suggest peak profile at $315 while immediate resistance at $341 than follow monthly resistance. In this timeframe, I see a quite quality bullish candle manage to perform last week and technically a reversal chart pattern (db) in formation but the neckline is not trigger above.

Go deeper into daily frame, a simple downtrend breakout currently been tested yesterday and bullish engulfing created at weekly support zone, which is good as signed of shark partcipation still in it.

So, current price quite a good range for me to start cip in a bit in participating before earning session, with $290 as my trigger stop loss.

My big position might start after earning with any move breaking higher than $342 (weekly manage to hold on it and wish i could see any reversal candle in monthly before start scale up.

For now im will in this stock😅 due to quite small risk ratio.

May other suggest any about this? Please share your opinion in comment as support among community🥰🥰🥰

Happy trading guys, Cheers

Disclaimer: This post is not to influencing anyone to buy or sell in market. It purpose is for traders discussion only.

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Thats looks promising business🤩</p><p>Since earning report Sept 2021, share price hike from $384 to all time high $477. However, a trial to rally with earning report hope on Dec 2021 is not strong enough to capture investors interest. Till day, price dropped to $315.</p><p>Then, how to react with next earning, guys?</p><p>Here is the idea I might consider for now by using technical analysis.</p><p>Monthly chart is promoting a good and strong support for current range price, while immediate resistance will be $370 range. However, I have not yet see any sign of reversal candle in this timeframe</p><p>Looking deeper into weekly chart, a clear version of support zone I get at $295.86 which I consider asprevious S&amp;D zone DBR. Plotting volume profile it suggest peak profile at $315 while immediate resistance at $341 than follow monthly resistance. In this timeframe, I see a quite quality bullish candle manage to perform last week and technically a reversal chart pattern (db) in formation but the neckline is not trigger above.&nbsp;</p><p>Go deeper into daily frame, a simple downtrend breakout currently been tested yesterday and bullish engulfing created at weekly support zone, which is good as signed of shark partcipation still in it.</p><p>So, current price quite a good range for me to start cip in a bit in participating before earning session, with $290 as my trigger stop loss.&nbsp;</p><p>My big position might start after earning with any move breaking higher than $342 (weekly manage to hold on it and wish i could see any reversal candle in monthly before start scale up.</p><p>For now im will in this stock😅 due to quite small risk ratio.</p><p>May other suggest any about this? Please share your opinion in comment as support among community🥰🥰🥰</p><p>Happy trading guys, Cheers</p><p>Disclaimer: This post is not to influencing anyone to buy or sell in market. It purpose is for traders discussion&nbsp;only.</p><img src=\"https://static.itradeup.com/news/00ffe7f13193acaa6f7b733ef92e524e\" tg-width=\"1284\" tg-height=\"2343\"></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/LULU\">$Lululemon Athletica(LULU)$</a>incoming [Earning] Promise you a go bulk buy?</p><p><br></p><p>Despite Russia Ukraine crisis, a must look catalyst to a stock will be earning report and that's soon with LULU, a monster apparel &amp; goods stock with market cap approx 40.75B.</p><p>Before I detail in term of technical analysis, lets have some idea on it past earning report, last Dec 2021 revenue hit 1.45B above expectation with EPS 1.62 and previous Sept 21, revenue above expected with 1.45B and EPS hit 1.65. Thats looks promising business🤩</p><p>Since earning report Sept 2021, share price hike from $384 to all time high $477. However, a trial to rally with earning report hope on Dec 2021 is not strong enough to capture investors interest. Till day, price dropped to $315.</p><p>Then, how to react with next earning, guys?</p><p>Here is the idea I might consider for now by using technical analysis.</p><p>Monthly chart is promoting a good and strong support for current range price, while immediate resistance will be $370 range. However, I have not yet see any sign of reversal candle in this timeframe</p><p>Looking deeper into weekly chart, a clear version of support zone I get at $295.86 which I consider asprevious S&amp;D zone DBR. Plotting volume profile it suggest peak profile at $315 while immediate resistance at $341 than follow monthly resistance. In this timeframe, I see a quite quality bullish candle manage to perform last week and technically a reversal chart pattern (db) in formation but the neckline is not trigger above.&nbsp;</p><p>Go deeper into daily frame, a simple downtrend breakout currently been tested yesterday and bullish engulfing created at weekly support zone, which is good as signed of shark partcipation still in it.</p><p>So, current price quite a good range for me to start cip in a bit in participating before earning session, with $290 as my trigger stop loss.&nbsp;</p><p>My big position might start after earning with any move breaking higher than $342 (weekly manage to hold on it and wish i could see any reversal candle in monthly before start scale up.</p><p>For now im will in this stock😅 due to quite small risk ratio.</p><p>May other suggest any about this? Please share your opinion in comment as support among community🥰🥰🥰</p><p>Happy trading guys, Cheers</p><p>Disclaimer: This post is not to influencing anyone to buy or sell in market. It purpose is for traders discussion&nbsp;only.</p><img src=\"https://static.itradeup.com/news/00ffe7f13193acaa6f7b733ef92e524e\" tg-width=\"1284\" tg-height=\"2343\"></body></html>","text":"$Lululemon Athletica(LULU)$incoming [Earning] Promise you a go bulk buy? Despite Russia Ukraine crisis, a must look catalyst to a stock will be earning report and that's soon with LULU, a monster apparel & goods stock with market cap approx 40.75B. Before I detail in term of technical analysis, lets have some idea on it past earning report, last Dec 2021 revenue hit 1.45B above expectation with EPS 1.62 and previous Sept 21, revenue above expected with 1.45B and EPS hit 1.65. Thats looks promising business🤩 Since earning report Sept 2021, share price hike from $384 to all time high $477. However, a trial to rally with earning report hope on Dec 2021 is not strong enough to capture investors interest. Till day, price dropped to $315. Then, how to react with next earning, guys? Here is the idea I might consider for now by using technical analysis. Monthly chart is promoting a good and strong support for current range price, while immediate resistance will be $370 range. However, I have not yet see any sign of reversal candle in this timeframe Looking deeper into weekly chart, a clear version of support zone I get at $295.86 which I consider asprevious S&D zone DBR. Plotting volume profile it suggest peak profile at $315 while immediate resistance at $341 than follow monthly resistance. In this timeframe, I see a quite quality bullish candle manage to perform last week and technically a reversal chart pattern (db) in formation but the neckline is not trigger above. Go deeper into daily frame, a simple downtrend breakout currently been tested yesterday and bullish engulfing created at weekly support zone, which is good as signed of shark partcipation still in it. So, current price quite a good range for me to start cip in a bit in participating before earning session, with $290 as my trigger stop loss. My big position might start after earning with any move breaking higher than $342 (weekly manage to hold on it and wish i could see any reversal candle in monthly before start scale up. For now im will in this stock😅 due to quite small risk ratio. May other suggest any about this? Please share your opinion in comment as support among community🥰🥰🥰 Happy trading guys, Cheers Disclaimer: This post is not to influencing anyone to buy or sell in market. 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