Ulta Beauty, Inc.
Long

$ULTA Approaching channel resistance

518
Super reversal of the March lows but as earnings approach the long term downtrend is also coming into play.
$267-$275 looks to a nice target range. Alert set fro break above trend line
Much depends on the companies commentary rather than the financial results this evening,
eCommerce numbers will be the hot topic.
its notable than the stock reclaimed the 200ma as support in yesterdays session.

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