ULTA BEAUTY has had a long uptrend with
good strength relative and excellent recent earnings.
On the chart, price has risen persistently and consistently
from a triple bottom in late September through October
The stay-at-home economy is over. Beauty and so cosmetics are back.
ULTA should benefit from holiday buying and gifting
Looking at long time frame charts. ULTA is now at its
all time high. nothing but blue sky above
Looks like a decent candidate for call options to me.
On the chart, price has risen persistently and consistently
from a triple bottom in late September through October
The stay-at-home economy is over. Beauty and so cosmetics are back.
ULTA should benefit from holiday buying and gifting
Looking at long time frame charts. ULTA is now at its
all time high. nothing but blue sky above
Looks like a decent candidate for call options to me.
Trade active:
ULTA is down this week in keeping with the general market but sitting on the support of the SMA100. Holding the call options for now at watching for a Santa Claus rally.