Lululemon Athleticas stock price (LULU) rose in latest intraday trading, amid the dominance of the upward correctional trend in the short term, with ongoing positive pressure due to trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the prices movements, granting the price more positive momentum.

Therefore we expect the stock to rise and target the first resistance at $351.40, provided the support of $304.80 holds on.

Todays price forecast: Bullish