$LULU is in good company right now, it too is holding on its 0.618 Fib at $226 and has showed some strength here so far, it goes without saying that the price must hold above this level now or the support level is at the 0.78 Fib at $147.
RSI is now only at 28 too, so there are signs that the worst is behind $LULU
Earnings report date is not announced yet but we expect it in the first week of Sept....this may be the catalyst it needs to turn around.