Shares of Lululemon Athletica inc. (NASDAQ:LULU) became the latest retail casualty after reporting disappointing earnings results. The athletic apparel maker dropped over 20% to $52 from a closing price on Wednesday of $66.30. This free fall will take the stock below a major support line (seen in the chart below), triggering continued selling in the coming days. Investors would be wise to stay away from bottom fishing until Lululemon Athletica inc.hits $37.00. This will be the longer term accumulation zone. A day trading scalp level today for aggressive investors would be $49.85. Look for a quick Dollar bounce off that level.View my trades and Verified performance right now, click here. Simply join Verified Investing for free and anytime I buy a stock/ETF, you will get an email. You can then opt-into the trade getting my exact entry price, target and stop. Those who take my trades, only reward me (a Verified Trader) with a few Dollars IF they get big winning trade information.