Lululemon’s stock is currently the focus of technical analysis by Frank Cappelleri of CappThesis, who is breaking down the charts for the Canadian athletic apparel retailer.
Lululemon Athletica Inc. trades on the Nasdaq under the ticker LULU and is known for its high‑end yoga and athletic wear.
Technical analysis is a method of evaluating securities by studying statistics generated by market activity, such as price and volume.
CappThesis is a research firm that provides technical and fundamental analysis to help investors make informed decisions.
The analysis was reported by CNBC.
<small>Source: CNBC — read the original story there.</small>