Hope you kept buying those calls on the way down on little volume.
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Volume on positive bars far out-weighs the negative bars. Seems like accumulation going on. I'm still long with 9/27 calls, been accumulating myself. :) Goodluck. ULTA
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Looks pretty coiled for a bounce with this low volume leading to a narrowing descending triangle. Assume at your own risk.
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$224 is previous support from December lows. Let's see what they have in store for tomorrow. In my opinion the market makers are forcing weak hands out by forcing it the that level. But it could bounce like a tightened spring from there in my opinion. ULTA
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Bull flag formation? Watching closely. Need to create a base above this resistance trendline. Goodluck all. ULTA
Note
ULTA Chart indicators remain bullish in my opinion.
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Currently appears to be establishing a base above $232. Looking for confirmation of the new uptrend/medium term reversal.$240+ with volume greater than Friday would confirm for me that it's headed back up to $257-$277
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.