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thoughts on LULU?

QuestionsCategory: Questionsthoughts on LULU?
John Reiter asked 4 years ago
Good Morning Pat, thank you for all you do!   What are your thoughts on LULU?   Up 6 days in a row.  today will be 7.  but just average daily volume.  weak weekly volume.   but no sell off on wednesday like so many other growth stocks.   earnings in 13 days.   ive been holding since it took out 237.49.   other than low weekly volume and low group (#114), do you see any negatives?   thank you sir!
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1 Answers
Avatar photoOwen Staff answered 4 years ago

Hi John,
Pat made this video for you:

https://youtu.be/J8keSJxQVi0

John Reiter replied 4 years ago

thank you very much! Pat pointed out several things I wasn’t thinking about, especially the century mark of 300, and the rising RS line relative to the two different times the price was around $240. I’ve never seen anyone explain it like that before…. awesome tip! Hope you guys have a great week!