Buy LULU - Lululemon Athletica

psgama · 01-06-2010, 09:32 PM

I have been holding LULU since August 14, 2009 at a purchase price of $20.47. Lululemon has consistantly beaten analyst expectations and, even through a recession, produced outstanding growth numbers over 2008.

The Lululemon brand is becoming well known by youth and adults alike, they have grown their product line to include childrens clothes, larger sizes and men's clothing.

Looking at Lululemon's chart, we are still in a long uptrend. Buy in around $30.72 to hold providing the trend continues or sell at $40 for a quick 20% gain. A reversal in the trend marked by a close under the 50 day moving average should be considered an exit signal. Fourth Quarter results are expected in the beginning of March.

pdtpatrick · 01-07-2010, 10:12 AM

Great buy in price. Wow check out that ladder movement - straight up.

psgama · 01-21-2010, 02:46 AM

Current share price is a fair buy in, watch for a drop below the 20 day moving average at $31.08. Lulu has trended upwards very aggressively for several months, but the trend is still bullish. Next earnings release should be around March 9th, which will take the Christmas sales season, and the New Years resolution season (increased purchasing of gym wear) into effect. Keep an eye on this one.

noiz6543 · 01-22-2010, 01:41 PM

Well you have inspired me, i'm in! Looking forward to the beginning of March now :)

Bought in at 30.81, lets hope this trend continues. I don't see why it wouldn't..

noiz6543 · 02-04-2010, 11:17 AM

Impressed is somethign I am not at the moment!
Hopefully things turn around here at the quarterly earnings release

psgama · 02-27-2010, 08:15 PM

Although we've seen a small price correction we haven't fallen below the 100 day moving average. Look at a 1 year chart, you'll see that the stock price is still eeking it's way up using the 100 day moving average as support at the 50 day as resistance. When the convergence happens, my opinion is that we're more likely to pop above rather than below. Christmas sales are to be included in this quaterly report, as the previous report just missed them. I still have faith in LULU. Walk into any gym and look around, go take a yoga class, look around. LULU is selling, they are marketing, and I'm holding LULU until an obvious change in stock movement over a longer period.

MoDat · 02-28-2010, 09:47 PM

Looking to get into this. Whats a good entry price?

noiz6543 · 03-01-2010, 10:43 AM

Anything under 30 seems good at the moment

psgama · 03-01-2010, 05:59 PM

Hard to say right now, we just broke through the 50 day moving average, which was acting as a resistance level. A couple weeks ago when the SP was around $27 / $28 would have been preferable to now. If the current Bullish pattern continues, anywhere around $29.50 (Under the 50 day moving average) would be good.

Good Luck.

Ekmann99 · 03-08-2010, 07:56 PM

Yehh just about anywhere under 30 and I'm all in for this one.

01-06-2010, 09:32 PM	#1
psgama VIP Trader Join Date: May 2009 Location: Fort St John Posts: 116 Favorites: UUU, LULU, XRE Rep Power: 49 Reputation: 757	LULU - Lululemon Athletica I have been holding LULU since August 14, 2009 at a purchase price of $20.47. Lululemon has consistantly beaten analyst expectations and, even through a recession, produced outstanding growth numbers over 2008. The Lululemon brand is becoming well known by youth and adults alike, they have grown their product line to include childrens clothes, larger sizes and men's clothing. Looking at Lululemon's chart, we are still in a long uptrend. Buy in around $30.72 to hold providing the trend continues or sell at $40 for a quick 20% gain. A reversal in the trend marked by a close under the 50 day moving average should be considered an exit signal. Fourth Quarter results are expected in the beginning of March. __________________ -Warning, Do what I do and you get the results I get. Good and Bad. Make your own choices, do your own research, and don't jump on board with everything anyone tells you.
	Rate this post \|

01-07-2010, 10:12 AM	#2
pdtpatrick Super Moderator Join Date: Jun 2009 Location: Irvine Posts: 322 Favorites: RIMM, TTM, ANR Rep Power: 67 Reputation: 1017	Great buy in price. Wow check out that ladder movement - straight up. __________________ BLOG: www.tachatter.wordpress.com The only thing worse than being worse, is staying worse. Minimize your losses and take your profits. Sell when you can and not when you have to.
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01-21-2010, 02:46 AM	#3
psgama VIP Trader Join Date: May 2009 Location: Fort St John Posts: 116 Favorites: UUU, LULU, XRE Rep Power: 49 Reputation: 757	Current share price is a fair buy in, watch for a drop below the 20 day moving average at $31.08. Lulu has trended upwards very aggressively for several months, but the trend is still bullish. Next earnings release should be around March 9th, which will take the Christmas sales season, and the New Years resolution season (increased purchasing of gym wear) into effect. Keep an eye on this one. __________________ -Warning, Do what I do and you get the results I get. Good and Bad. Make your own choices, do your own research, and don't jump on board with everything anyone tells you.
	Rate this post \|

01-22-2010, 01:41 PM	#4
noiz6543 Trader Join Date: May 2009 Location: Edmonton Posts: 58 Favorites: XL Rep Power: 18 Reputation: 34	Well you have inspired me, i'm in! Looking forward to the beginning of March now :) Bought in at 30.81, lets hope this trend continues. I don't see why it wouldn't..
	Rate this post \|

02-04-2010, 11:17 AM	#5
noiz6543 Trader Join Date: May 2009 Location: Edmonton Posts: 58 Favorites: XL Rep Power: 18 Reputation: 34	Impressed is somethign I am not at the moment! Hopefully things turn around here at the quarterly earnings release
	Rate this post \|

02-27-2010, 08:15 PM	#6
psgama VIP Trader Join Date: May 2009 Location: Fort St John Posts: 116 Favorites: UUU, LULU, XRE Rep Power: 49 Reputation: 757	Looking good Although we've seen a small price correction we haven't fallen below the 100 day moving average. Look at a 1 year chart, you'll see that the stock price is still eeking it's way up using the 100 day moving average as support at the 50 day as resistance. When the convergence happens, my opinion is that we're more likely to pop above rather than below. Christmas sales are to be included in this quaterly report, as the previous report just missed them. I still have faith in LULU. Walk into any gym and look around, go take a yoga class, look around. LULU is selling, they are marketing, and I'm holding LULU until an obvious change in stock movement over a longer period. __________________ -Warning, Do what I do and you get the results I get. Good and Bad. Make your own choices, do your own research, and don't jump on board with everything anyone tells you.
	Rate this post \|

02-28-2010, 09:47 PM	#7
MoDat Junior Trader Join Date: Jun 2009 Location: NJ Posts: 4 Rep Power: 17 Reputation: 87	Looking to get into this. Whats a good entry price?
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03-01-2010, 10:43 AM	#8
noiz6543 Trader Join Date: May 2009 Location: Edmonton Posts: 58 Favorites: XL Rep Power: 18 Reputation: 34	Anything under 30 seems good at the moment
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03-01-2010, 05:59 PM	#9
psgama VIP Trader Join Date: May 2009 Location: Fort St John Posts: 116 Favorites: UUU, LULU, XRE Rep Power: 49 Reputation: 757	Hard to say right now, we just broke through the 50 day moving average, which was acting as a resistance level. A couple weeks ago when the SP was around $27 / $28 would have been preferable to now. If the current Bullish pattern continues, anywhere around $29.50 (Under the 50 day moving average) would be good. Good Luck. __________________ -Warning, Do what I do and you get the results I get. Good and Bad. Make your own choices, do your own research, and don't jump on board with everything anyone tells you.
	1 thumbs up / 0 thumbs down. Rate this post \|

03-08-2010, 07:56 PM	#10
Ekmann99 Junior Trader Join Date: Mar 2010 Location: Washington Posts: 26 Rep Power: 8 Reputation: 63	Yehh just about anywhere under 30 and I'm all in for this one. __________________ My Blog: http://stockpixxwatching.tk/ Free Finance/Trading E-Books: http://www.financefilez.info/
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