Sep. 18 at 11:50 AM
$LULU
Since the end of summer 2023, the market dumps, piano piano, Lululemon shares.
Who wants to buy leggings at 200$?
What so special has this company to offer? Clothing… Can any other competitor offer the same products? For a better price? YES! There you go!
Tons of companies out there! Clothing companies are at every corner of the street! Lululemon? Alo? Nike? Name it! Even f. Costco sells clothes.
$NKE Nike? It went from hero to… not zero obviously, but it have lost few feathers on its way down… Why wouldn’t Lulus?!
Follow the money! A/D (accumulation/distribution) on a weekly chart, that’s what i show you… since 2023 it’s a massive runaway.
Since 2023 you have the same parrots repeating « bottom »… buy buy buy… oh well, look at a chart. Dropping dropping and more dropping.
Yes we are near the bottom, but don’t expect it to skyrocket! 70s or low 80s soon, and it will stick around it. Stop dreaming of 200s even 150s.
