ULTA eyes on $455/457: Key support after Earnings spike and Dip

11 giu

ULTA had a good earnings report and spiked into resistance.
Now pulling back to first good support at $455.61-457.03
Look for this to hold, or dip below and then Break-n-Retest

5 giorni fa

Trade attivo

Houston: We have IGNTION (yellow shaded area is from posting time)
PERFECT double bottom launch from our zone.

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Closer look with notes:

1st Ping entry failed, 2nd Ping entry WORKED.
Hit first 2 TP;s for 5.75% and 11.64% gains.

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What next?

Looking for 2 more TPs for 18% and 30% gains.
Stop Loss on remaining 50% below minor fib.
Let's see how the new week treats this stock.

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