TopgOptions

ULTA Beauty Double Top

Short
TopgOptions Updated   
NASDAQ:ULTA   Ulta Beauty, Inc.
This looks like a shortable double top on ULTA Beauty.

Stop loss: 565usd
Take Profit: 515usd
200 Moving Average: 441usd

Looking forward to read your opinion about it.

Trade active:
ULTA trading at $519.02 intraday, closer to our take profit of 515usd.
I think it will reach that price by the end of the week.
Trade closed: target reached:
ULTA reached the fist Price target, trading at $512.86 intraday!

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.