SWING IDEA #10: ULTA

30 ביוני 2021

A Rising Wedge (Bearish) is forming on ULTA, I can see this drop down to $296. But, it still has lots of room to go up so do NOT ENTER UNTIL CONFIRMATION that it has broken out of the wedge. This kills new traders as technical analysis isnt ALWAYS accurate, I learned it the hard way.

This is not financial advice just my opinion.

Also, please comment what type of swing ideas you want? Support/Resistance, Patterns, Unfilled Gaps, Etc.