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Tuesday, January 18, 2011

Lululemon Athletica Inc. (LULU) Stock Analysis 2011

By Tim - http://stockstobuy.org

The following is Lululemon Athletica Inc. (LULU) stock technical analysis for January 18, 2011

Lululemon Athletica Inc. (LULU)) Support & Resistance Levels - 1/18/11

Resistance Levels: $73.76, $74.60, $75


Support Levels: $70.75, $70


Chart - http://www.stockcharts.com/

Lululemon Athletica Inc. (LULU) is trading around $72 this morning as a better than expected earnings report last week. Lululemon Athletica Inc. (LULU) will have resistance located at $73.76 as well as $74.60. Lululemon Athletica Inc. will have support at at $70.75 on the downside. If LULU sees a sell off below $70, the stock becomes a strong buy.

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