Just bought in this afternoon. ULTA is debt-free, has a strong demographic tailwind and customer allegiance. I do not see Macy's or other major competitors taking an appreciable chunk out of ULTA's revenues. Some sales will be lost to online but ULTA already has a strong online presence. I see these levels as very attractive for a 6+ month or even multi-year holding. Cheers to fellow Longs.
Hated The E Palm
ULTA has been pretty muted and rangebound for the past week or so. Still need to close above the 231 area in order to have a shot at the next level of resistance (245ish). If it fails again, could retrace back to 222 or lower. Consider placing stops...
Here we go!
Good company don't get left behind .
So funny ... all the buybacks every day .... with your money .... while they dump .... trying to keep it from imploding ... buying time ... with your money ....
I love watching the shorts get crushed. Back to 300 by years end.
Don't you just love technical analysis?
Andy Left is broke
Hey, Darius, oh Darius, how's your mega short of MBRX @ $1.55 doing? How about your short of EXAS @ $15.00? you may be the worst stock trader in the world
The next point of resistance is where the 20 day MA coincides with the 1st Fibonacci point of inflection (23.6%). By my estimate, that's roughly 230.50 give or take a few pennies.
Very light volume on the dip today
Brilliant article out over the weekend in SA. If you are thinking about selling this stock right now I'd strongly advise you're reading this author's analysis and observations on the "selfie generation". He makes a VERY compelling case for hanging in there, even going so far as to imply that we're going to revisit the old highs. https://seekingalpha.com/article/4103933-ulta-beauty-beat
Ulta Beauty And The Beat
Ulta's success fueled by selfie generation. Strong execution is resulting in strong growth. Company deserves to trade at a premium valuation.
This thing is a joke. We should be way, way lower right now. Obviously the Wall Street hoodlums are manipulating this dog to #$%$!! Don't be fooled by the lipstick and eyeshadow, dump this pig ASAP!
Jim cramer aint got S*%T on these guys. the*stock-dork has the best plays + trading education....check it out .
I can't speak for other women, but I would NEVER buy cosmetics online. I am an ULTA regular for the simple reason that I can go in and try out different products BEFORE I buy them. Their staff is incredible helpful and the whole experience is one I enjoy. Amazon can't do that!
So where is the dude that said $140 was next support. Clearly, it was never going to break $200
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is -0.5 In other words, the correlation coefficient of the other stoc
Hated The E Palm
Numbers to watch today are 228, 230.43, and 233.71 which are the 38.2% fib, 20 DMA, and the closing price before the earnings decline. Next line of resistance is 247 which is the 50 day. GLTA.
May all the shorts rot and burn in hell. Go Ulta!!!
LADIES and GENTLEMEN, the REVERSAL HAS BEGUN. GAP to fill at 229. 20 Day Moving average to meet at 238
HOLD YOUR SHARES and BE CONFIDENT. WE ARE GOING THERE!