Originally Posted by
mscott
ULTA definitely was a plank walker late last year and seems to have found a lower level plank to walk. What is not quite attractive is the prior low of 72.51 is only 15.5% below the current price. The expectation is that if ULTA jumps off the end of the plank that it would under cut the prior low and rally. I prefer selections that have 20% or more for a profit target.