The beauty industry is renowned for its resilience, but even giants like Ulta Beauty ( NASDAQ:ULTA ) are not immune to the shifting tides of consumer demand and market competition. Recently, Ulta Beauty's CEO David Kimbell sounded a cautionary note, signaling a slowdown in first-quarter demand and intensifying competition, which sent shockwaves through the market...
Ulta Beauty ( NASDAQ:ULTA ), a prominent player in the beauty retail landscape, finds itself navigating choppy waters as its annual profit forecast falls short of Wall Street estimates. The announcement, made on Thursday, sent ripples through the market, with the company's shares declining by 4.5% in extended trading. Elevated supply chain costs and increased...
If you haven`t sold the Double Top on ULTA: Then analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week, I would consider purchasing the 560usd strike price Calls with an expiration date of 2024-4-26, for a premium of approximately $20.00. If these options prove to be profitable prior to the earnings release, I...
If you haven`t sold ULTA`s Double Top Bearish Chart Pattern here: or the previous earnings signal: Then analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week, I would consider purchasing the 455usd strike price Calls with an expiration date of 2023-8-25, for a premium of approximately $14.40. If these options...
Looking at the ULTA Beauty Options options chain ahead of earnings , I would buy the $480 strike price Puts with 2023-9-15 expiration date for about $28.90 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
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.
ULTA a women's beauty focused company has benefitted from the end of the Covid Era, Earnings reports have been rock solid for sure. I think ULTA is overdue for a correction. On the 4H Chart, supply and demand zones are per the LuxAlgo indicator. Price touched and retested demand several times last summer and early fall. It is now touching and ...
ULTA is sitting below a double top and looking at the Fib levels retraceing the uptrend finishing out December. The RSI shows relative weakness while the MACD shows the trend after a crossover of the lines at each of the two tops. I believe this stock is ready for a short position with a stop loss just above the double top. The first target would be the...
Multiple rejections across this trend line, likely to reject again here. Expecting a 40+ point pullback. Target is 440. Stop is a daily close above 500.
With other retailers reporting a tightening of consumer spending and rising energy and housing costs beginning to bite Ulta is demonstrating a megaphone top and approaching trendline resistance. Trading on a PE Of 22 for a retail operation all off the good news may already be priced in and any slip on earnings will see it severely punished. Watch for a reaction...
$ULTA - Consumer Cyclical | Specialty Retail 1yr of ranging price action, coupled with higher lows in RS where lows on price remains flat latest ER beats by 0.71, beats on revs, comps of +14.4%; guides FY23 EPS and revs above consensus, raises FY23 comp guidance remarkable
Chart looks broken and now retesting previous highs. This can come down anytime towards $300 pretty fast.
May be a nice investment to benefit from post - COVID growth. Weddings are mostly on pause, as soon as the pandemics is over, the gap should be filled )) Along with tourism and hotels accommodations, UB should capitalise strongly on the delayed weddings) Technical picture, in my opinion, is also attractive, as we get a consolidation at the top of a weekly...
Long $ULTA CMP $369.84. Trading above 50 EMA. Uptrend continuation. MACD histogram was fading but I guess recent market volatility turned it to negative. Bullish pattern. Expect breakout soon. Possible targets $390 and $420
SELL ENTRY: 331.25 USD TARGET: 267.10 USD (20% profit) STOP: 362.26 USD Ulta Beauty is specialized in the distribution of cosmetics and perfumes.
on the 1hr chart, ULTA price action forms a reverse S/H/S + cup & handle. Very bullish going into ULTA's earning nex week
ULTA is currently on a rising wedge that needs to break out of, or we'll see a breakdown on shorter timeframes. Stoch RSI seems a bit toppish and it's looking like it might trade around this range for a while, until we get some decent volume or a catalyst. A breakout higher this week above post ER high's should be a great signal to go long to fill the gap above....
🔸 Long Above 313.30 TGT 317.5/322/325/327/330 🔸 Short Below 309.60 TGT 305/301-300/297.4/293 ❗ Wait for Confirmation before entering a Position. Stick with 4/1 for Scalps/Daytrades or 4/9 or 4/16 for Swings❗