Strong support from bottom uptrend is $62 and notice it held today. Once it loses 62 overnight chances of more downside. Otherwise, business as usual. 30% short interest took it down and will bring it up when they cover.
As a long time yoga practitioner, I am happy to see this company sink. Lululemon have been selling out on the guise of yoga philosophy for years. I know many of you on this board are just in it for the profit, but the sentiment on the yoga scene is that this dog has sold out one too many times. I'd dump this stock!