Onetime high flyer Lululemon has run into trouble over the past month. The stock has fallen 17% from a Sept. 2 high with losses accelerating even after an earnings report that topped analysts’ estimates. The stock remains more than 40% higher for the year. Todd Gordon, founder of TradingAnalysis.com, says strong demand should help Lululemon recapture upside momentum.
Link: Lululemon could be about to resume its rally. A trader lays out a way to catch the upside