(ULTA) Trading Signals

Longer Term Trading Plans for ULTA

• Buy ULTA near 325.51 target 372.19 stop loss @ 324.57 Details

The technical summary data tells us to buy ULTA near 325.51 with an upside target of 372.19. This data also tells us to set a stop loss @ 324.57 to protect against excessive loss in case the stock begins to move against the trade. 325.51 is the first level of support below 350.57 , and by rule, any test of support is a buy signal. In this case, support 325.51 would be being tested, so a buy signal would exist.

• Short ULTA slightly under 372.19, target 325.51, stop loss @ 373.26 Details

The technical summary data is suggesting a short of ULTA as it gets near 372.19 with a downside target of 325.51. We should have a stop loss in place at 373.26though. 372.19 is the first level of resistance above 350.57, and by rule, any test of resistance is a short signal. In this case, if resistance 372.19 is being tested, so a short signal would exist.

Swing Trading Plans for ULTA

• Buy ULTA slightly over 353.52, target 372.19, Stop Loss @ 352.5 Details

If 353.52 begins to break higher, the technical summary data tells us to buy ULTA just slightly over 353.52, with an upside target of 372.19. The data also tells us to set a stop loss @ 352.5 in case the stock turns against the trade. 353.52 is the first level of resistance above 350.57, and by rule, any break above resistance is a buy signal. In this case, 353.52, 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 353.52, target 328.2, Stop Loss @ 354.54. Details

The technical summary data is suggesting a short of ULTA if it tests 353.52 with a downside target of 328.2. We should have a stop loss in place at 354.54 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, 353.52, 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 353.52, target 372.19, Stop Loss @ 352.7 Details

If 353.52 begins to break higher, the technical summary data tells us to buy ULTA just slightly over 353.52, with an upside target of 372.19. The data also tells us to set a stop loss @ 352.7 in case the stock turns against the trade. 353.52 is the first level of resistance above 350.57, and by rule, any break above resistance is a buy signal. In this case, 353.52, 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 353.52, target 346.21, Stop Loss @ 354.34. Details

The technical summary data is suggesting a short of ULTA if it tests 353.52 with a downside target of 346.21. We should have a stop loss in place at 354.34 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, 353.52, 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 March 23:

Term →	Near	Mid	Long
Rating	Weak	Weak	Weak
P1	0	0	325.51
P2	338.76	328.2	372.19
P3	346.21	353.52	420.61

AI Generated Signals for ULTA

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