NASDAQ:ULTA   Ulta Beauty, Inc.
Counter intuitive trade
No new highs, daily
Looks like a head and shoulder set up pattern

Weekly shows green hammer at the top

MACD shows cup and handle accumulation
Stoch shows direction to oversold area

Playing the gap
Looks like price action is rolling over to fill lower

S/L 291
T/P 243.51
R/R 4.25

Profit Trading!!!
Disclaimer

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.