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ULTA Salon, Cosmetics & Fragrance, Inc. Message Board

  • stockpros70 stockpros70 Apr 14, 2013 6:26 AM Flag

    CHARTAN SAYS NEAR TERM TREND IS DOWN: CHART

    ULTA has overbalanced both price and time off its $100 run

    what i mean is the greatest selloff in the run up was 20.52..

    the recent selloff from the high was 30.05 taking out many monthly lows

    time has also over balanced also.

    88.01 is a huge level here to get back above

    it is Chartman's power line, above it, strong..

    this was a George Lindsay 3 peaks and a domed house: very bearish

    double top.

    if it manages to get near the highs: get out...

    any time a stock moves 90 to 100 points, expect heavy selling; Major Gann Rule.

    53.81 and 51.76 are Chartman's great gravity center

    bearish on the timing angles..

    glta

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ULTA
130.62+3.34(+2.62%)3:38 PMEST

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