Watch These Ulta Beauty Price Levels as Stock Jumps on Earnings, Outlook
Ulta Beauty(ULTA) Investopedia·2024-12-06 03:50
Key TakeawaysUlta Beauty shares traded sharply higher in extended trading on Thursday after the cosmetics retailer surpassed Wall Street’s earnings expectations and raised its outlook. The stock sits poised to break above the upper trendline of an ascending triangle after the company’s upbeat quarterly results, setting the stage for a potential upside reversal.Investors should watch key overhead areas on Ulta Beauty's chart around $435, $465, and $497, while also monitoring a crucial support level near $412 ...