Look for shares of ULTA to trade within a new higher trading range
Ulta Salon Cosmetics & Fragrance (NASDAQ:ULTA) traded in a range
however yesterday that spanned from a low of $24.30 to a high of $26.47. Yesterday's high of the day pierced the 3-day high of $23.79 on volume of 3.1 million shares.
Shares of Ulta Salon Cosmetics & Fragrance have been range bound for the past 3-days between a high of $23.79 and a low of $20.67 and have traded with a 30-day average daily volume of 519,000 shares.
Look for shares of ULTA to trade within a new higher trading range with support at $23.79 and move along with its peers in the Specialty Retail SmarTrend industry.
SmarTrend is bullish on shares of Ulta Salon Cosmetics & Fragrance and our subscribers were alerted to Buy on August 02, 2010 at $25.52. The stock has risen 3.1% since the alert was issued.
