ULTA may close the gap at 620Ulta Beauty Inc.NASDAQ:ULTAnovamaticThere is a confluence of indicators saying there is a good chance Ulta heads up from here. We are resting on the .618 fib, there's a gap up at the .236 ($620) which also could intersect with the channel midpoint. This is a fairly low-risk buy at this level with a clear stop loss. Chart is 3d. Also note the bottoming pattern on RSI. All this being said, there are a few TP levels on the way up, especially at the .50 and 382. I would not be surprised to see a base form between this lower trendline and the .50.