LULU Trade on Jan 13, 2020 09:35 from Cklamb: Tradervue User Stock Trades.

LULU
Total gain/loss: $9.94 Largest gain: $9.94 (show)

Average daily gain/loss: $9.94 Largest loss: $0.00
Average daily volume: 20 Average per-share gain/loss: $0.99
Average winning trade: $9.94 Average trade gain/loss: $9.94
Average losing trade: n/a Trade P&L standard deviation: n/a
Total number of trades: 1 Profit factor: n/a
Number of winning trades: 1 (100.0%) Average hold time (winning trades): 2 minutes
Number of losing trades: 0 Average hold time (losing trades): 0
Max consecutive wins: 1 (show)
Max consecutive losses: 0
Average position MFE: $9.94 Average position MAE: $0.00

Intraday Fundamentals
• Lululemon Athletica Inc. (LULU) raised its guidance for the fourth quarter following what it described as momentum in its business during the holidays.
• The activewear retailer said it now expects revenue of $1.37 billion to $1.38 billion for the quarter, up from previous guidance of $1.315 billion to $1.33 billion . Analysts polled by FactSet were expecting $1.35 billion in sales.
• The company said the updated guidance is based on a comparable sales increase in the high teens on a constant dollar basis, compared with previously guidance of comparable sales rising in the low double digits.
• It now expects earnings in the range of $2.22 and $2.25 a share. It had previously guided for $2.10 to $2.13 a share. Analysts were expecting per-share earnings of $2.16 .
Technicals
ADV 1.93 m RVOL .6 BETA .8 ATR 4.25 Short 3.17% Inst Own 87.80%
Daily

Hourly

Intraday

Trading Strategy

Reading the Tape
Not for this trade
Trade Management

• I took this as it started to hold above VWAP and 239.70( the most recent ATH)
• There was a lot more here. But, I did take a point with the thought of taking it again at 240. The action was to sporadic for me to get long again though.
• I did have something just off the low that closed near HOD. These are the sort of set ups that I need to be patient with.
• I am still protecting the p&l and trading for pennies.