Short Thesis - LULU Trend Break

LULU is another retailer that has been extremely weak as of late. The last earnings did spark a small rally, but the earnings before that led to a massive dump that lasted for weeks. LULU remains below the previous major uptrend and has a long way down to go.
Chart PatternsTrend Analysis
AdvancedPlays
Short Thesis:
advancedplays.com/short-thesis.pdf

Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.

For transparency, current positions:
Short: LULU SPY TSLA
Long: GME

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