ULTA Stock Chart

Based on proprietary technical analysis, I believe Ulta will bounce at the level highlighted by support on the chart below (today's low). The fact that my private analysis coincides with a level of support is a strong signal, that is highly likely to work. Note, today a hammer like candlestick was made, another indication ULTA will soon bounce. Watch the 10 EMA to act as resistance as ULTA bounces. Beware after the bounce it may make lower lows.