Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 16th of December.
This Stock Is A Lemon
Today, I'm going to be looking at the stock of Lululemon (NASDAQ:LULU). This stock reminds me of Crocs (NASDAQ:CROX) as a one-hit wonder. Certainly there has been turmoil in the offices of Lululemon as their founder was moved out of the picture. Technically the stock looks like a disaster and I'll be giving some you projections about how low I think this market can go in today's video.
Let us know what you think of LULULEMON (NASDAQ:LULU) and how low you think it can go. Leave your comments below. Continue reading "Is This Stock A Lemon?"