The beauty industry is renowned for its resilience, but even giants like Ulta Beauty ( NASDAQ:ULTA ) are not immune to the shifting tides of consumer demand and market competition. Recently, Ulta Beauty's CEO David Kimbell sounded a cautionary note, signaling a slowdown in first-quarter demand and intensifying competition, which sent shockwaves through the market...
EL like ULTA was beaten down in covid times. It jumped in 2021 and fell in 2022 and 2023. 2024 might be the year they thrive again. On the weekly chart, EL is back to the support of its levels of 2018. With an analyst upgrade coming from Bank of America it is now getting a bit of attention. Trend strength and relative strength were down. I see this as a...
Ulta Beauty ( NASDAQ:ULTA ), a prominent player in the beauty retail landscape, finds itself navigating choppy waters as its annual profit forecast falls short of Wall Street estimates. The announcement, made on Thursday, sent ripples through the market, with the company's shares declining by 4.5% in extended trading. Elevated supply chain costs and increased...
If you haven`t sold the Double Top on ULTA: Then analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week, I would consider purchasing the 560usd strike price Calls with an expiration date of 2024-4-26, for a premium of approximately $20.00. If these options prove to be profitable prior to the earnings release, I...
If you haven`t sold ULTA`s Double Top Bearish Chart Pattern here: or the previous earnings signal: Then analyzing the options chain and the chart patterns of ULTA Beauty prior to the earnings report this week, I would consider purchasing the 455usd strike price Calls with an expiration date of 2023-8-25, for a premium of approximately $14.40. If these options...
Looking at the ULTA Beauty Options options chain ahead of earnings , I would buy the $480 strike price Puts with 2023-9-15 expiration date for about $28.90 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it.
This looks like a shortable double top on ULTA Beauty. Stop loss: 565usd Take Profit: 515usd 200 Moving Average: 441usd Looking forward to read your opinion about it.
ULTA a women's beauty focused company has benefitted from the end of the Covid Era, Earnings reports have been rock solid for sure. I think ULTA is overdue for a correction. On the 4H Chart, supply and demand zones are per the LuxAlgo indicator. Price touched and retested demand several times last summer and early fall. It is now touching and ...
ULTA is sitting below a double top and looking at the Fib levels retraceing the uptrend finishing out December. The RSI shows relative weakness while the MACD shows the trend after a crossover of the lines at each of the two tops. I believe this stock is ready for a short position with a stop loss just above the double top. The first target would be the...
Multiple rejections across this trend line, likely to reject again here. Expecting a 40+ point pullback. Target is 440. Stop is a daily close above 500.
Everything is in the chart.. classic bull flag setup on $ulta. Financials are great, EPS is solid, basically recession-proof at the moment. CALLS idea - wait til retest of 410-420 and grab $500 calls 2 months out. PUTS idea - wait til top of channel is hit then grab 430 puts 1 month out. This is not financial advice, just for fun!
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....
With other retailers reporting a tightening of consumer spending and rising energy and housing costs beginning to bite Ulta is demonstrating a megaphone top and approaching trendline resistance. Trading on a PE Of 22 for a retail operation all off the good news may already be priced in and any slip on earnings will see it severely punished. Watch for a reaction...
$ULTA - Consumer Cyclical | Specialty Retail 1yr of ranging price action, coupled with higher lows in RS where lows on price remains flat latest ER beats by 0.71, beats on revs, comps of +14.4%; guides FY23 EPS and revs above consensus, raises FY23 comp guidance remarkable
I expect price to form a double bottom from where it is now, continuing the up channel that can be drawn I prior double bottom can be seen, which led to bullish results
Chart looks broken and now retesting previous highs. This can come down anytime towards $300 pretty fast.
Needs more time but love some 2023 Puts on this one. Feb 2022 is Apex of this diamond and we already have 5 waves up here. Just a matter of time.
We'll see if I can get some more short term targets correct. Aiming at $460 with 369 variants all over...