Ulta Beautiful
Briefly fell below support on a market wide capitulatory event
quickly recaptured
moved back down to retest support
bounced for a higher high
now putting in a higher low with a bullish engulfing daily candle
making this look like 3 rising valleys.
Williams %range indicator is very low on daily monthly and weekly.
Business is doing well, and it has the Buffet Put.
Retailers in general are down bad across the board, and if you want to capture the gains of a recovery, then ULTA seems like an almost certain beneficiary.
quickly recaptured
moved back down to retest support
bounced for a higher high
now putting in a higher low with a bullish engulfing daily candle
making this look like 3 rising valleys.
Williams %range indicator is very low on daily monthly and weekly.
Business is doing well, and it has the Buffet Put.
Retailers in general are down bad across the board, and if you want to capture the gains of a recovery, then ULTA seems like an almost certain beneficiary.
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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.
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.