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More Upside for Ulta ?
Published on Monday, 05 December 2011 11:34 Written by Christopher Lynn
New York, December 5th (TradersHuddle.com) - Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) booked a new 52 week high today by trading above $75.69, traders are definitely monitoring Ulta's price action to see if this move attracts further buying into the stock.
Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) is a beauty retailer that sells cosmetics, fragrances, skin and hair care products, and accessories. The Company also offers hair salon services, manicures, pedicures, massages, and other beauty & spa treatments.
Ulta is currently trading 0.84% versus its previous trading session close, and it has calculated support and resistance at $64.33 and $71.24 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range
The overall market index S&P 500 is trading higher by 1.47% from its previous trading close, which means that Ulta stock is underperforming the overall market.
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Related Partner Headlines
- Ulta Salon Cosmetics & Fragrances Rises On Unusually High Volume (ULTA) - TheStreet.com
- Ulta Beauty Announces Pricing of 7M Share Secondary Common Stock Offering by Selling Stockholders at $84.00 - Benzinga
- Ulta Beauty Sees Q1 Sales of $474M vs $452-460M Prior Guidance; EPS $0.52-0.53 vs $0.46-0.48 Prior Guidance - Benzinga
- Ulta Beauty Announces 7M Share Secondary Common Stock Offering by Selling Stockholders - Benzinga
- Small Retail Names With Big Potential - TheStreet.com
- Ulta Salon Cosmetics & Fragrances Inc. (ULTA): Today's Featured Diversified Services Winner - TheStreet.com
- Ulta Salon Cosmetics & Fragrances Stock Hits New 52-Week High (ULTA) - TheStreet.com
- Ulta Salon Cosmetics & Fragrances Reaches New 52-Week High (ULTA) - TheStreet.com
- Ulta Salon Cosmetics & Fragrances Reaches New 52-Week High (ULTA) - TheStreet.com
- Ulta Salon, Cosmetics & Fragrance Pops on Q4 Results - Benzinga
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