TradingView
aandp4life
Nov 5, 2018 12:55 AM

Sell ULTA Short

Ulta Beauty, Inc.NASDAQ

Description

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!!!
More