Lululemon (LULU.US) stock is trading lower during today's session despite the retailer reporting strong growth in sales. Price is currently testing major support zone at $349.50 which coincides with upward trendline and 50 SMA (green line). If sellers manage to break below, a bigger downward correction may start. Next support lies at $320.20. However if buyer swill manage to halt declines here, then another upward impulse towards $383.80 could be launched. Source: xStation5Market Wrap: The “Bulls” Are Back on the European Trading Floor 💥
OpenAI joins the IPO train, as US markets get more dominant
Apple shares fall amid WWDC conference 📉 No AI breakthrough?
The World Cup on the Market: Is There an Opportunity for Profit?
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.