LULU - Fundamentals are good; technical shows extension is on the way.
LULU is a growing company, although it is an overvalued company with price to book ratio of 13.05, and its growth for fiscal year ended 1/29/2012 slowed down. Nevertheless, it is still a growing and very profitable company with high % of financial institution holding. I think the slow-down growth has been factored in. Technically, the chart shows extension is on the way.