Bullishcharts

Ulta Beauty breakout possible

Long
NASDAQ:ULTA   Ulta Beauty, Inc.
Entry level $254.50 = target price $269.50 = Stop loss $250
Stock has struggled to add to gains post earnings as the sector fell out of favor with the rush back to tech, the stock is reached the apex of a symmetrical triangle which looks poised to break today.
Ulta Beauty, Inc. is a beauty retailer of cosmetics, fragrance, skin care products, hair care products, and salon services. It provides unmatched product breadth, value and convenience in a distinctive specialty retail environment. The company was founded in January 9, 1990 and is headquartered in Bolingbrook, IL.

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