Ulta Beauty, Inc.
Long
Updated

Breakout above 244

58
Updating the idea from earlier, a clear resistance has formed at 244, over which should lead to a big move. Targets above at 266 and 284.13.
Note
Needs more time, perhaps completing a right shoulder, before trying again to break above.
Note
Target was reached but only after a massive gap up. However 244 proved to be a key level.

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.