Seeing a lot of buzz around $LULU here is my take:
yes technicals are saying oversold, but there is a reason its oversold. The margin compression and market share loss it has seen in the US is killing it.
LULU used to stand alone in the space and held a monopoly. Now you have ALO, Athleta, Fabletics, Vuori, Gymshark.
Here is how I would trade this. Let it report earnings on 9/3 after the bell. Make sure they dont miss again too avoid another drawdown. If they show that they are making ground back in the US market then I would start to scale in and hold for the longterm.
The numbers:
$LULU ~$123
Not RSI-oversold today (RSI ~53).
The oversold case is the DRAWDOWN.
• 52w: $104 → $226
• Down ~45% from the high
• Still 20% under the 200-day (~$154)
• Death cross intact (50-day ~$118 / 200-day ~$154)
• Base building $104–$120
• Short interest ~10% of float
Valuation is the real washout:
~10x trailing earnings. ~11x forward.
~$11B sales. ~56% gross margin. ~31% ROE.
Street used to pay a growth multiple. Now it prices “growth is dead.”
Next line in the sand: $104.
First real repair: reclaim $154.
Earnings Thu 9/3 AMC — that print decides if this base holds.
Education only. Not advice.
In the past 24hrs you all blessed me with 176 verified followers 🫶🏻 I want to thank you all again!
I am curious if I will stay in your algorithms. Let me know if you see this just as a test for my knowledge.
I have almost blown through next months goal of 100 verified followers. I am going for 500 verified followers in November. Maybe this time it will be a little harder!
I need 29 more verified followers to hit my monthly goal.
This will be hard…
It’s crazy how your engagement gets nuked if you can’t be on X every couple days.
I guess my boomer ass (I am a millennial) missed the whole let’s give away a dollar to follow me X money thing 😂
My opinion- those arnt real followers/friends. They are like crackheads on the sidewalk. Gone after the fix
I am sure it probably violates some guidelines somewhere as well.