Intraday Technical Analysis Of Ulta Beauty Inc.

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Today’s instrument is Ulta Beauty’s Inc. stock, a company that operates as a retailer of beauty products in the United States, which is traded on the Nasdaq exchange under the ticker ULTA.

Looking at the ULTA’s chart, we can see that it was lastly traded at around $464.80.

Today it is announcing its quarterly earnings and if the market’s anticipation is positive then we should expect its price to continue on its uptrend and rise higher, otherwise, it should retreat towards its support level at around $438-440.

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AAATrade's Intraday Technical Analysis of Ulta Beauty Inc. - 01/12/2022

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