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Ulta Beauty's 15-minute chart has recently triggered a series of bearish technical indicators, including a MACD Death Cross, a KDJ Death Cross, and a Bearish Marubozu pattern on November 11th, 2022 at 10:45 AM. This suggests that the stock's price may continue to decline, with a downward momentum shift and a potential for further decreases. Sellers are currently dominating the market, and it is likely that this bearish momentum will persist.
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