Do you really expect LULU to get back to 70 or are you trying to get LULU to go toward 70 so you can dump?
Comparable clothing items are available for 1/3 the price. The stock price is based on growing sales at ridiculously high prices. The CEO sold stock and resigned. No company would want to take a stake in a company with lawsuits pending. They might be interested if suits are settled and the stock price is half what it is now, but who would want to acquire LULU now?
Just for a swing trade. Longer term is a #$%$ shoot, but any good news or even rumors could send the stock back above $70. Just looking at a technical move back to the 100 and 200 day moving averages just above $70.