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Yogigolf
May 21, 2018 11:38 PM

I was long ULTA in Feb @ $200, still long Long

Ulta Beauty, Inc.NASDAQ

Description

Still looks like we should continue in this rising wedge to at least 275-290 before a more significant pull back. Will have good confirmation if we break $258 tomorrow. $244-$258 will be a great support zone in the future.

Comment

Broken out of the wedge testing the bottom price channel support. Looks like it may need earnings release confirmation to break up. Upgraded on Zacks to #2 Buy rating so at least someone expects a positive earnings surprise.

Comment

Long term on track
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