We like the way ULTA is holding up in the recent selloff. We could see a spring with a test complete, and ready for a move to the upside. We would buy at the market, and use a protective sell stop at the spring low of $344.65.
The Wyckoff Wave closed the week down sharply, on low volume. For the last week and a half, the Wave had met resistance at its…
The Wyckoff Wave closed the week down again, on an increase in volume. We was hoping that prices would try to hold early in the…
The Wyckoff Wave closed the week sharply higher, on much lower volume. The Technometer is extreme overbought. We closed strongly higher Wednesday/Thursday/Friday to end the…
The Wyckoff Wave spent last week continuing to subdivide lower. Volume increased on the selloff. I was wanting a slightly more oversold Technometer before entering…
The Wyckoff Wave closed the week only slightly higher, on low volume. We had expected the Wave to meet resistance at the previous support area,…
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