This key level holds Lululemon's rally in the balance, chart suggests $LULU (via TradingNation)
The yoga apparel stock has surged more than 50% this year, making it one of the top performers on the Nasdaq 100.says the stock needs to find its feet before racing higher again.
" on Thursday. "The problem is earlier this summer, it pulled back and dropped below its trendline going back to the December lows.""The key level is $192. If it can move back about that $192 level in any kind of meaningful way, not only will it take it back above its trend line from December, but also give it a key higher high, and that will give it another leg higher so that's the level I'm watching right now," said Maley.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China, U.S. to hold trade talks in October: China commerce ministryChina and the United States agreed to hold high-level trade talks in early Octob...
Read more »
Mystery trader bets Lululemon could jump 10% on earningsLululemon shares could swing in either direction, but options traders generally feel bullish heading into Thursday afternoon's earnings report.
Read more »
China and the U.S. Will Hold High-Level Trade Talks in Early OctoberChinese and American officials plan to hold trade talks in Washington in early October, the latest attempt to tame a trade war that is rippling through the global economy.
Read more »
RS Charts: Taylor Swift Dethrones Young Thug on Artists 500RSCharts: Taylor Swift dethrones Young Thug on our Artists 500
Read more »
RS Charts: Lizzo’s ‘Truth Hurts’ Retains Top Spot on Top 100RSCharts: lizzo maintains her reign as 100% that bitch with “Truth Hurts” as Number One on our Top 100 Songs chart
Read more »