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Breakout above 244
Ulta Beauty, Inc.
Long
Breakout above 244
By SpinTrades
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Updated
Oct 23, 2020
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Cheer
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Oct 19, 2020
Updating the idea from earlier, a clear resistance has formed at 244, over which should lead to a big move. Targets above at 266 and 284.13.
Oct 23, 2020
Comment
Needs more time, perhaps completing a right shoulder, before trying again to break above.
Nov 12, 2020
Comment
Target was reached but only after a massive gap up. However 244 proved to be a key level.
beauty
breakout
breakouttrading
Fibonacci
retail
Support and Resistance
SpinTrades
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