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Tuesday, September 14, 2010


I reported ULTA breaking out today, it actually broke out yesterday, but id get a follow through today on higher volume.  This had been in a pretty bearish pattern until a coulpe of week's ago, when it gapped up on high volume (I believe that was earnings) and ran up to the top of it;s range. I'll be watching it to see if it pulls back in to retest the breakout point.

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