U1LT34 trade ideas
ULTA watch $370 above, 349 below: Golden fibs to define key zoneULTA holding up reasonably well compared to the market.
Bound by Golden Genesis above and a Golden Covid below.
Watch for break of either Golden to determine next move.
$370.57 above, $349.27 below are the exact levels to watch.
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Ulta's Makeover: A Bullish Beauty?Check out Ulta Beauty's chart – looks like it might be prepping for a breakout! We're seeing what appears to be an "inverse head and shoulders" pattern forming (see: left shoulder, head, right shoulder). This formation usually signals a potential trend reversal, suggesting the downtrend may be losing steam and a bullish move could be brewing. If it breaks above the "neckline" around $375, it could be confirmation. Of course, patterns are probabilities, not guarantees! Are you betting on Ulta's glow-up, or thinking this trend might fade? Share your thoughts below!
ULTA - channel breakout here possible $400 in playULTA - stock having a channel breakout on daily time frame. stock holding strong when market pulling back ending with almost another hammer candle. looking for calls on this one as long as $370 holds for a move towards $400 and higher
ULTA to $400My trading plan is very simple.
I buy or sell when:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes above it's Bollinger Bands
* Price at Fibonacci levels
So...
Here's why I'm picking this symbol to do the thing.
Price in buying zone at bottom of channels (period 100 52 & 26)
Stochastic Momentum Index (SMI) at oversold level
Money flow momentum is spiked negative and under bottom of Bollinger Band
Entry at $358.72
Target is $400 or channel top
ULTA BULLISHI think Ulta has gotten beaten up enough here and is currently at it's earnings line from August 2024.
I think this is a great spot to add. Not financial advice, good luck to all :)
Bear Flagging... I see weakness on the daily. I'm looking at 2/28 380 Puts at a cost of about 4.00
Again, I am not a financial guru... just pointing out what I see and the play I'm interested in taking. Please attempt your own Due Diligence before jumping into a trade blindly.
Major Price Movement Incoming for ULTA!Signalist has detected a precise pattern in NASDAQ:ULTA trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on ULTA’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
$ULTA - ascending triangle pattern breakoutULTA - Stock breaking out of ascending triangle pattern on daily time frame. Added calls in group. Still good to add calls as long as $445 holds. Next resistance at $450 and $475. Stock has bigger gap above $475 to fill. Stock is strong on indicators. Company recently posted better than expected earnings
ULTAif 380 hold, going to 410 ST
an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
ULTA in the buying zoneMODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price sitting on 52 period channel, below 39& 26, with $330 calling for price come down further.
Buying small position here and doubling if price reaches $330 area.
Price at or near bottom channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative
Price at or near 2.618 Fibonacci level (from 2HR chart)
Target is $100 or channel top bottom
Stop loss is $353 area
$ULTA - What do you think?NASDAQ:ULTA presents a better risk/reward. It has now closed the gap and is starting to be oversold.
There is a risk that it might drop to the $312 to $300 area.
Knowing that, would you bet on it through ER?
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
$ULTA - What do you think?NASDAQ:ULTA presents a better risk/reward. It has now closed the gap and is starting to be oversold.
There is a risk that it might drop to the $312 to $300 area.
Knowing that, would you bet on it through ER?
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
ULTA Screaming AccumulationA classic inverse H&S setup on ULTA here. Buffet buying and taking a stake a few weeks/month back makes me even more convinced. This will just take time. The large wicks are indicating that buyers are stepping in and absorbing selling demand from a weekly perspective. The buyers come and save the week. They're going to form this perfect right shoulder and it should launch - might take 6 months or so... NASDAQ:ULTA
ULTA is beauty indeed I was bearish based on the technicals but after Buffet got a stake in this , it took a U-turn .
The chart is primed for a run now.
Long anywhere here.
Target 1 - 400
Target 2 - 480
Target 3 - 520
Stop loss - 330
ULTA Option CallTaking Ulta on a debit spread 392.5 - 395.0 Expiration date 12/6
-Daily chart had a break and re/test of an ascending triangle testing the daily 50ema and Fib levels.
-Lower time frames were also in an ascending triangle and I took the trade at the bottom of the trend line paying the break out.
-More so playing the patterns here, price is not really trending but there are indications price can be moving up rather than down.
Symmetrical Triangle Pattern what is it/ how to draw it? 2/8Symmetrical Triangle Pattern what is it/ how to draw it? 2/8 Bullish Charting Patterns
A symmetrical triangle is a chart pattern that forms when the price of an asset converges with two trendlines that are moving towards each other, creating a triangular shape. Here’s how it works:
Converging Trendlines: The upper trendline is formed by connecting the descending highs, and the lower trendline is formed by connecting the ascending lows. These trendlines converge at a point called the apex.
Volume Decrease: As the pattern develops, trading volume typically decreases, indicating a period of consolidation and indecision in the market.
Breakout: Eventually, the price breaks out from the triangle, which can occur in either direction – upwards or downwards. The direction of the breakout often dictates the future trend of the asset.
Symmetrical triangles are considered continuation patterns, meaning they usually signal that the prevailing trend (upward or downward) before the pattern will continue after the breakout. Traders often use the height of the triangle (the distance between the initial high and low points) to estimate the potential price target following the breakout.
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Stay tuned for the other 6 BULLISH CHARTING PATTERNS
IS ULTA BEUTY ABOUT TO GET A MAKEOVER?!NASDAQ:ULTA
IS NASDAQ:ULTA ABOUT TO GET A MAKEOVER?!
In this analysis video we will discuss:
1️⃣ MY #HIGHFIVESETUP trading strategy
2️⃣ Symmetrical Triangle pattern
3️⃣ My plan for this trade
Short🎯 $448
Long 🎯 $516
Chart 1/5 dropping soon.
What do you think of this trade setup? Are you adding it to your watchlist?
NFA
NASDAQ:QQQ #TRADING
Salma is a jerkUlta is above the demand zone and I see the 378-382 as a supply zone on the 4 hour. On Friday there was a strong push towards the upside, but it still has to close above 382 before reaching the first PT of 390. Second Pt is 400 and the third is 410.
Ulta BeautifulBriefly 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.
ULTA BEAUTY - Potential Cup and Handle formation.ULTA BEAUTY - Could soon Print a Potential Cup and Handle formation which is Bullish.
Here I have switched to a Simple Line Chart to show the possible pattern.
Markets are very choppy at the moment awaiting the FED Rate Cut's Decision.
These predictions are not 100% always true, and need Conviction.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
ULTA Beauty Options Ahead of EarningsIf you haven`t sold the Double Top on ULTA:
Now analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week,
I would consider purchasing the 380usd strike price Calls with
an expiration date of 2024-8-30,
for a premium of approximately $14.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
