$LULU

LULU is a potential buy at $80-$81 support; current price $98 requires waiting for a drop.

BullishHe framed it in weeks
“Shocker! Jobs Report Hits Markets, Fed Rate Hike? Markets, Gold, Bitcoin Sell”
Verified InvestingPublished Sep 4 · 3 passages

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So, Lululemon falling pretty sharply in early trading yesterday reporting earnings after the bell collapsing basically down 20%.

Then Lululemon broke out. It had this monstrous move up and now it's cratering back down. What this tells me is as a swing trade, I love this level. Now, just because I love it doesn't mean it's going to work out, but probabilitywise, this should be significant technical support.

Right around $81 to $80 per share on Lulu. Now, we're still at 98, so it's still a ways to go, but we could be here in a few weeks. I mean, maybe even less depending on how this thing trades.

And that to me would be a great buying opportunity on Lululemon. So, keep that one on your radar.

We saw Lululemon, maybe, maybe Zscaler and others.

Watchpoints

price action relative to $80-$81 support

What this channel has said about $LULU

Verified Investing has 2 calls on this stock; only the adjacent ones are shown.

2026-09-04Bullish
First, lululemon. Lululemon announced its earnings yesterday, let's dive into those numbers, okay? If you only look at the raw figures, you would say they fell short of revenue by approximately 1.7% . But look at these profits, earnings per share. They achieved an almost 63% advantage. They exceeded expectations by 63%. Why are Lululemon's stock prices falling? It needs to rise sharply now. Well, the truth is that these numbers are somewhat misleading. This is misleading because earnings per share take into account the reimbursement of amounts based on previously paid tariffs. Therefore, these are one-time payments and not an indicator of true total profits. In addition, you know, although their profits are not the real number, they still exceed profit expectations. But what matters more is that they have significantly lowered their expectations. Basically, their expectations for the future are much lower, aren't they? This caused the stock to open down by nearly 20%. It saw a good rebound, didn't it? But for me, Lululemon stock is trading at levels we haven't seen in a long time. If the price continues to fall, look at all the support levels here around $82. This is the area where I would look to buy some shares if Lulu continues to fall.
Quote at 06:23 ›
2026-09-04BullishThis one
So, Lululemon falling pretty sharply in early trading yesterday reporting earnings after the bell collapsing basically down 20%.
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