Ulta LongAdam and Eve reversal pattern playing out ( Cup & Handle formed ) Possible target 257 SL 209.8 , Could see nice run towards earnings
ULTA trade ideas
ULTA consolidating for next runTesting the 50 day on the other side then maybe another run toward the $230's?
Loving Ulta right nowBeen watching since the $190's, is it ready to go up and test that 50 day again?
$ULTA possible head and shoulders reversal pattern forming.Ulta is forming a possible head and shoulders reversal pattern after rising since the drop in March. The white line is the neckline and their is a small gap to fill around 160
It is also moving below all emas on the daily. remember on these patterns we wait until it breaks the neckline comes back to retest and confirms the move lower. volume is key on the drop!
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If the bull run continuesNot a good COVID stock, but technically like it to try another run at the 30 and 50 day averages.
Long UltaEntered 7/24 calls for ulta after it bounced off of the 30 RSI on Daily responding to an aggressive sell off
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 Finding support at VWAP from march low Tgt=$220Very bad downtrend but found teh support from march low VWAP. expect a bounce towards $220
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
could have caught the move wth s/r linesLooking back I didnt study enough on support and resistance now I see the big pictue. That was the day of ulta earnings drop. The week before there were big wicks before the massive fall.
Sell Short: Ulta Beauty Inc - Consumer Cyclical Specialty RetailSell Short: Ulta Beauty Inc - Ticker: ULTA - Sector: Consumer Cyclical Industry: Specialty Retail
Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts
Sell Entry: 242.96 to 237.04
Stop-Loss: Available to Subscribers
Take Profit Price Targets: Available to Subscribers
NASDAQ:ULTA
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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 Approaching channel resistance
Super reversal of the March lows but as earnings approach the long term downtrend is also coming into play.
$267-$275 looks to a nice target range. Alert set fro break above trend line
Much depends on the companies commentary rather than the financial results this evening,
eCommerce numbers will be the hot topic.
its notable than the stock reclaimed the 200ma as support in yesterdays session.
ULTA big shorting chance ULTA on a clearly down trend channel and waiting to breakdown the inside channel as it shown on yellow box for short
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 Beauty $222 target Cowen analyst Oliver Chen lowered the firm's price target on Ulta Beauty to $235 from $265 and keeps an Outperform rating on the shares. The analyst keeps it as a top idea through the COVID-19 crisis given its solid online trends, category resilience, accelerated market share gains, and a relevant loyalty/store format that positions it for long-term growth post crisis.
source the fly
$ULTA regains Key pivot level as support
A strong push by the bulls helped get through the $190 level last week on good volume
RSI bounced of previous support
7MA is next resistance
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