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Ulta Beauty Reports With Overbought Technical Momentum

Ulta Beauty, Inc. (ULTA), a major retailer of prestige cosmetics, reports quarterly earnings after the closing bell on Thursday, March 14. Shares of Ulta are above my annual pivot of $308.40, which is the key level to hold following earnings. Ulta stock has been above a "golden cross" since May 11, 2018, when the 50-day simple moving average rose above the 200-day simple moving to indicate that higher prices lay ahead.

First found on: finance.yahoo.com And then on: 1 other references