target 250-260it could go lower below 224 or continue up from here, either way, it should reach 250 in a couple of weeks
0LIB trade ideas
Long opportunitybuy if it gets above yesterday's high. it would also mean that it got above the vwap from 29th as shown on the chart.
Trade ULTA Short Put 230@3,90 Sep 20 Margen 4200 Target 250Trade ULTA Short Put 230@3,90 Sep 20 Margen 4200 Target 250
ULTA a Buying Opportunity HereUlta's previous resistance becoming support. I've been loading up on 9/27 calls. Do your own due diligence. Do not trade on my comments.
ULTA
$ULTA Sell The Rallies, Don't Buy The DipsWe expect weakness to continue in $ULTA.
There was quite a bit of technical damage done last week and we are targeting $184 to $194 on the downside.
Ulta Beauty (NASDAQ:ULTA) went into a freefall last month after a soft Q2 earnings report and warning on a July to August slowdown in color cosmetics sales.
During the earnings call (transcript), Ulta execs stated that there's been a "disruption in the makeup category" that accelerated over the last several weeks. "After several years of very strong performance, growth in the makeup category has been decelerating over the last two years, but recently turned negative," noted Ulta CEO Mary Dillon.
Surveying the scene, Oppenheimer warns that the makeup malaise could last the balance of the year as the comparable sales marks will be tough to match, but sees value for long-term ULTA investors at the current trading price.
As always, trade with caution and use protective stops.
Good luck to all!
Bounce Area for ULTA - what next?This is a real BEAUTY! Sorry, I couldn't resist. What next, down to support or bounce to resistance? That's a lot of making up to do... Sorry, just had to! OK, I'm done.
ULTA Beauty Stock Bubble Analysis 100% Americans Are BullishULTA Beauty Stock Bubble Analysis 100% Americans Bullish = Bearish
looking aug. 2018 to aug. 2019looking out at the chart from august to august you see that it was still overextended. seems like investors were expecting alot.
its extended on both the hour and month chart
Quick Analysis in my analysis of the chart.
i had been watching ULTA of and on over the past year. and it has done extremely well and in the last few months its been trading crazy over extended so a pull back would be expected if not neccessary for more investor to buy in.
$ULTA looking like a beauty into earnings. Having held the $315 level on multiple occasions one of which was the May selloff , its safe to assume that they bulls within the stock are in control. As earnings approach everything seems to be very positive, NYSE:EL had some great things to say about the company during their own earnings report and analysts are also bullish.
It is very possible the stock will move to new highs in the weeks to come.
$ULTA Selling could get very intensive post earnings. Bearish Ulta stock holds a lot of profit for longer term investors and the sell volume profile in the last week signals they wise investors are banking those profits and letting the madness ensue post earnings. Ulta has a history of volatility in the days following earnings and the chart indicates that the selling will continue, if the breakout level at approx $315 is broken, stop losses will trigger and anywhere from $300- $280 will be the next support.
$ULTA Ulta Beauty is starting to lose its good looks.ULTA needs a trip to the beauticians its chart is starting to show a few cracks and blemishes after a hard fought breakout. We expect this to go back and fill the gap created after earnings before continuing higher. Long term hold, but short term short.
ULTA ideaPotential area of pullback.
Wife told me to buy this below $100 - off course I did not listen... listen to your wife folks...
ULTAAnyone else think this is way over extended? Negative money flow and RSI divergence. No volume, yet price keeps going up, What is up with this loony market???
