$LULU

He likes LULU less than before: its activewear exclusivity has eroded as influencers and cheaper brands, even Amazon at a third the price, now serve the same purpose. After a fall from 400 to 99, an unfilled gap could be filled at some point, but not as a fast trade; he would no longer be short.

Bearish
“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Oct 16 · 2 passages

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Um, so with that being said, Lulu also in the January effect. Lulu I don't like as much to be honest. You know, Lulu, you know, to me I feel like, you know, they they were the only game in town for a while. the same thing for Nike.

But you know, there are so many women influencers out there that are so strong and so awesome, bringing the right mindset and doing their own versions of like, you know, of workouts.

Like my wife does loves Megan RP and every morning she you see her, she's doing the Megan RP workouts and you could buy her stuff. Um, you know, you have uh um you know, Tupperberg, why there's so many strong like that like Lulu, it's almost like a tissue.

Yeah. Lulu became like, you know what, you know, of active wear, but now there's there are so many different types of things you could wear to do your workouts that are like a third the price, you know, that they can go and get an order even from like Amazon, you know.

But anyway, it it could it it's been battered and crushed from 400 to 99. It's not really funny, I'm sure, but you could have seen technically, you know, it happened. This was your first move lower. here was a bare flag under the moving averages, you know, then all of a sudden he had a kind of a lower high, big gap that never got filled.

And if a gap doesn't get filled, it trades in that direction and then all of a sudden, you know, perhaps, you know, perhaps it'll fill this gap and there's something to do. It's not going to be fast and active and sexy.

But, um, yesterday was a decent trade. Um, yeah, a little igniting bar maybe wants to fill this gap at some point, you know, now that the, you know, I wouldn't be shorted anymore anyway.

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