№ 042 · Almanac · · 1 min
LULU touched its line in July 2017. Here’s what happened next.
LULU touched its 200-week line in 2017. Twelve months later: +120.3%.
On the week of July 3, 2017, LULU touched its 200-week moving average at $58.36. The SMA itself was sitting at $58.06.
Twelve months later: +120.3%. Three years later: +422.2%. Five years later: +351.3%.
9 years on, LULU trades at $117.57, +101.5% from the touch.
, The hardest part of the strategy is sitting through year one.