(ULTA) Pivots Trading Plans and Risk Controls

Longer Term Trading Plans for ULTA

• Buy ULTA near 309.34 target 366.45 stop loss @ 308.45 Details

The technical summary data tells us to buy ULTA near 309.34 with an upside target of 366.45. This data also tells us to set a stop loss @ 308.45 to protect against excessive loss in case the stock begins to move against the trade. 309.34 is the first level of support below 359.96 , and by rule, any test of support is a buy signal. In this case, support 309.34 would be being tested, so a buy signal would exist.

• Short ULTA slightly under 366.45, target 309.34, stop loss @ 367.51 Details

The technical summary data is suggesting a short of ULTA as it gets near 366.45 with a downside target of 309.34. We should have a stop loss in place at 367.51though. 366.45 is the first level of resistance above 359.96, and by rule, any test of resistance is a short signal. In this case, if resistance 366.45 is being tested, so a short signal would exist.

Swing Trading Plans for ULTA

• Buy ULTA slightly over 366.45, target 426.09, Stop Loss @ 365.39 Details

If 366.45 begins to break higher, the technical summary data tells us to buy ULTA just slightly over 366.45, with an upside target of 426.09. The data also tells us to set a stop loss @ 365.39 in case the stock turns against the trade. 366.45 is the first level of resistance above 359.96, and by rule, any break above resistance is a buy signal. In this case, 366.45, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ULTA slightly near 366.45, target 359.55, Stop Loss @ 367.51. Details

The technical summary data is suggesting a short of ULTA if it tests 366.45 with a downside target of 359.55. We should have a stop loss in place at 367.51 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 366.45, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ULTA

• Buy ULTA slightly over 363.12, target 366.45, Stop Loss @ 362.27 Details

If 363.12 begins to break higher, the technical summary data tells us to buy ULTA just slightly over 363.12, with an upside target of 366.45. The data also tells us to set a stop loss @ 362.27 in case the stock turns against the trade. 363.12 is the first level of resistance above 359.96, and by rule, any break above resistance is a buy signal. In this case, 363.12, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ULTA slightly near 363.12, target 359.55, Stop Loss @ 363.97. Details

The technical summary data is suggesting a short of ULTA if it tests 363.12 with a downside target of 359.55. We should have a stop loss in place at 363.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 363.12, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Ulta Beauty Inc. (ULTA) available here: ULTA.

ULTA Ratings for February 20:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	309.34
P2	352.91	341.89	366.45
P3	363.12	359.55	426.09

AI Generated Signals for ULTA

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