ULTA - Long Way Down Needs more time but love some 2023 Puts on this one. Feb 2022 is Apex of this diamond and we already have 5 waves up here. Just a matter of time.
ULTA
$ULTA Earnings Geomath We'll see if I can get some more short term targets correct. Aiming at $460 with 369 variants all over...
Long $ULTA CMP $369.84Long $ULTA CMP $369.84. Trading above 50 EMA. Uptrend continuation. MACD histogram was fading but I guess recent market volatility turned it to negative. Bullish pattern. Expect breakout soon. Possible targets $390 and $420
US Stock Watch-list | Oct 20, 2021The market is turning bullish again! Both S&P500 & the Nasdaq are up quite a bit and has retraced most of the sell-off. While some stocks are soaring in this rally, some are still lagging behind, particularly healthcare and biotech stocks.
Consolidating but in a good spotConsolidating in a rectangle, Tested support 3x last week and it formed a descending triangle from the bottom.
I am interesting in 2 price pivots: 384.30 and 386
Above those, we might test top or rectangle at 392
Trading Idea - #UltaBeautySELL
ENTRY: 331.25 USD
TARGET: 267.10 USD (20% profit)
STOP: 362.26 USD
Ulta Beauty is specialized in the distribution of cosmetics and perfumes.
#ULTA: Nice uptrend hereNice upside with relatively low risk in $ULTA for a swing trade here. I can see this rallying until August 20th easily, and reaching as high as $426 as best case scenario here.
If price were to move below the white horizontal line this signal becomes invalid.
Best of luck!
Cheers,
Ivan Labrie.
Reverse S/H/S + cup & handle formed ULTA goes higheron the 1hr chart, ULTA price action forms a reverse S/H/S + cup & handle. Very bullish going into ULTA's earning nex week
$ULTA ER gap aboveULTA is currently on a rising wedge that needs to break out of, or we'll see a breakdown on shorter timeframes. Stoch RSI seems a bit toppish and it's looking like it might trade around this range for a while, until we get some decent volume or a catalyst. A breakout higher this week above post ER high's should be a great signal to go long to fill the gap above. Will be watching closely to hold these levels unless that rising wedge proves to be bearish. Looking at long dated calls for this strategy as well as puts if below 314.5.
👧 ULTA Trade Plan (4/1)-(4/30) 👧🔸 Long Above 313.30 TGT 317.5/322/325/327/330
🔸 Short Below 309.60 TGT 305/301-300/297.4/293
❗ Wait for Confirmation before entering a Position. Stick with 4/1 for Scalps/Daytrades or 4/9 or 4/16 for Swings❗
REV Interesting Low Float Setup Quick numbers from Finviz:
Float: 4.22M
85% of the float short
Currently uptrending and is in the beauty products. ULTA ER is tomorrow and this could be a sympathy if they have a run-up.
ULTA Reversal PendingNASDAQ:ULTA is signaling oversold as we approach a key support level. What makes this interesting is that we also have an RSI divergence. Very high chance of bouncing off support, however, we will wait for the market to to show us what we want to see. More downside can occur if we break the support. Keep your eyes peeled.
ULTA Reversal PendingNASDAQ:ULTA is at oversold levels as we approach a key level a support. What makes this interesting is the extreme RSI divergence since it’s last oversold signal. It would be hard to imagine ULTA breaking this support. However, we will wait to see what the market tells us. Keep your eyes peeled.
ULTA PT $375New here but I'm liking ULTA at the 382 fib and oversold on the daily RSI. Confirmation bias? Time will tell.
ULTA Put Spreads 240/230 and 230/220 Put Spread #1: 240/230 @ $1.00
Put Spread #2: 230/220 @ $0.90
Risk $100 for max profit of $900
ULTA will continue to go down despite recent strengthLooks like ULTA just rejected an attempt to break out over a former support level and seems potentially juicy for puts a ways away
ULTA Analysis Rising Wedge + Simple ABC Correction + Support + Bullish Momentum
ULTA continues to rise in Bullish Channel (Rising Wedge) in anticipation of earnings. 2 Long wick rejections of Support and 14EMA (PivotPoint imperfect rejection) show that we have completed C wave and look for an expected move to wave D target of 228.87.
Options Trade: 5/29 230c (Sell right before Earnings)
ULTA Prepping for its move.As i said on friday Ulta had 2 options it took the ladder forming a stronger base. Hit lows of today and double barred up. Watching closely till we get a break in the wedge. wont add positions until we get confirmation to much chop for me.
ULTA flag. Wait for break confirmation.ULTA Coming out of channel from lows in september. Been bouncing the 228-250 range for the last couple of months and is finally tightening to a break up or down. Based off of todays close (1/3/20) it looks like it may break down once more to the 235-240 area before a rip to 260+. If by an off chance we break the flag on the upside first target is a simple 260 will update as of then. Aside from any freak gaps will continue to monitor and update idea.
