Home Sectors Consumer Chart of the Day: Lululemon Could Be Running

Chart of the Day: Lululemon Could Be Running

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November 16, 2023

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Lululemon spent more than half of 2023 in a range, but now it could be starting to run.

The first pattern on today’s chart is the bullish gap after LULU was added to the S&P 500 last month. The stock pulled back in late October, made a higher low and proceeded to a new 52-week high. That may suggest it’s trying to break out.

Second is the …

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Lululemon Athletica (LULU), *daily chart, with selected patterns and indicators, courtesy of TradingView*.

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Chart of the Day: Lululemon Could Be Running

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