Bullish MACD for Ulta Salon - Tale of the Tape

Ulta Salon, Cosmetics & Fragrance Inc's (ULTA) MACD indicator has moved into bullish territory with a reading of 1.2582. The Zacks #2 Rank (“Buy”) stock increased more than 1.6% to $28.71 in afternoon trade. The Zacks Consensus Estimate on the company's earnings for year ending January 2011 has increased by 5 cents over the past month to $1.03 per share.
 
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