By Tim - http://stockstobuy.org
The following is Lululemon Athletica Inc. (LULU) stock technical analysis for January 12, 2011
Lululemon Athletica Inc. (LULU)) Support & Resistance Levels - 1/12/11
Lululemon Athletica Inc. (LULU)) Support & Resistance Levels - 1/12/11
Resistance Levels: $74.60, $75
Support Levels: $71.56, $70
Chart - http://www.stockcharts.com/
Lululemon Athletica Inc. (LULU) stock is soaring during the 2nd week of 2011 after the company gave good earnings guidance for the year ahead. Lululemon Athletica Inc. (LULU) will have resistance located at $74.60 and $75 but then the sky is the limit. Lululemon Athletica Inc. will have support at today's low which is located at $71.56. If LULU sees a sell off below $70, the stock becomes a strong buy.
Lululemon Athletica Inc. (LULU) stock is soaring during the 2nd week of 2011 after the company gave good earnings guidance for the year ahead. Lululemon Athletica Inc. (LULU) will have resistance located at $74.60 and $75 but then the sky is the limit. Lululemon Athletica Inc. will have support at today's low which is located at $71.56. If LULU sees a sell off below $70, the stock becomes a strong buy.
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