LULU HOLIDAY LONG

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LULU HOLIDAY LONGlululemon athletica inc.TURQUOISE_DLY:LULUNzachtrohonLULU has been falling hard in the past few months/weeks, down to support from March 2020 at $160~ With support from the bottom of the channel on this downtrend also meeting the support from over 5 years ago we see a confluence of support. Also with a rising MACD and a rising RSI showing signs of volume and interest at this HUGE support line, I see an approximate 15%-35% return on investment. The Financials on LULU also look very good with a P/E of 11.62 and little debt sitting at $1.76B. I find this to be a good thing because they have $1.16B of cash equivalents and a market cap of over $21B so little to no stress in the financials I am not a financial advisor, and the information in this post is for educational or discussion purposes only. Please do your own research and consult a licensed professional before making any investment or trading decisions.