NASDAQ:ULTA gapped down after lowering guidance in their recent earnings call. The current price completes the proportional gap down and brings it to the 0.382 of the uptrend from the covid low, as well as an area with strong volume support. I'm looking for an entry at $393, TP at $460, and SL at $358.
Note that May 2022 was the last time that earnings guidance...
below trend support/495.15 we will see a lot more downside, bounce here and break of 515.64 and more upside should follow
technically its in bullish trend for past year, so short should be careful shorting here..
no trigger no trade.. boost and follow for more 👉
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.
NASDAQ:ULTA 6/16 450P traded 5000x on Friday 5/12... ULTA 200 day moving average = 465. A break below that support level will cause a bearish trend with the potential to retreat to 435. The 23.6% fib retracement is ~ 450. There is not much support below 450.
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.
Well back in for another try with LABU here in aftermarket , had to pay a bit of a premium to get a fill but still pretty near the close and I actually daytraded it in a seperate account earlier near the open and just sold that so I suppose that made up for the difference I paid here in the aftermarket for the swing account . The fill price I ended up paying was...
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 ...
The algos have painted a beautiful picture with these candles. I took the ratio of ULTA and TGT and I highlighted the areas that I think correspond in each structure. If this trend line does not break to the upside then I would like to see a steeper move than the previous impulse down.
The PEAD projected a bullish outlook for $ULTA after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 70%.
between me and my partner we dumped uh combined $40K back into PUTS up here, there'z NO ONE
buying this bullcrap. no volume, no accumulation at all. sum scumbag pumped it to thu moon premarket
This actually turned to a false entry by end of day , took it with less than 15 minutes left in the day , but unfortunately its signal could not hold , the reason I take my trades close to the close and sometimes after is exactly to avoid this and had I noticed earlier , I would have actually got out ...
Not to say it might not still work though so lets see , but...
This is a strong stock and also a Market darling.
Who knows? It could go up forever. I do not think so.
I know women love make up but Holy Cow. This is just not something I would buy way up here but we are all different.
Price is above the .236 of the trend up bit.
Something does not feel right and I could be wrong.
Earnings are estimated on 5-25. Short...
(1/2) Fundamental Analysis - Hello, this is my strategy on ticker $ULTA. I believe the stock is a great long-term buy-and-hold investment, but not at this time. The stock is undoubtedly overvalued. A recent study published by Macrotrends showed Ulta Beauty shares outstanding for the quarter ending January 31, 2023 were 0.051B. This is a decline of 7.05% YoY. The...
