With market in volatile and downward trend, good companies with punished following earnings. $ULTA in at long term support area. Might interest long term investors.
May not be suitable for short term traders in this market condition.
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