Hubert Senters here.
Let’s take a look at Ulta, ULTA is the symbol. Take a look at here is a buy signal or potential buy signal if you want to pay attention to it. So you can see when it went above the cloud last time you had a nice little run than a consolidation, a pullback, a run up, consolidation.
So right now, what would have happened as we’ve had it go below the turning line and the standard line, went below the top of the cloud, the bottom of the cloud has acted as good support. That’s what you like to see. And then after that you like to see it climbing back above the 4turning and the standard line.
And now you’ve got one, two, three, four, five days above the cloud and you’re taking out this most recent resistance area. So it should climb. If we can figure out where we think it’s going to climb to what we’re going to do is nice little easy Fib, one, two, three. Next target on Ulta will be $267. So first target is going to be $267 second target will be $277, $288 and $294.
I’ve been asked to speak at the Wealth365 event which is going to happen July 16th to July 21st. I’ll be on the speakers on Monday. I believe I’m speaking Monday at 7PM EST. CLICK REGISTER FOR FREE to register for those talks. If you want to see who’s talking just register and they’ll send you all that information.
But I do know that there’s over 80 speakers over six days, 10 plus topics, different types of topics. And then I think this is actually $250,000 worth of prizes. I’ve talked to Rob the other day. I think it’s increased.
Good luck. Hope it helps. Have a great weekend. And I’ll see you on the next video.
Hubert.
