Estée Lauder (NYSE:EL) is making waves with a significant 6.6% surge following an analyst upgrade from Bank of America. The upgrade, from Neutral to Buy, accompanied by a raised price target, underscores renewed optimism in the beauty giant's future prospects. Bank of America's bullish stance hinges on Estée Lauder's ( NYSE:EL ) strategic pivot towards product...
EL like ULTA was beaten down in covid times. It jumped in 2021 and fell in 2022 and 2023. 2024 might be the year they thrive again. On the weekly chart, EL is back to the support of its levels of 2018. With an analyst upgrade coming from Bank of America it is now getting a bit of attention. Trend strength and relative strength were down. I see this as a...
Estee Lauder ( NYSE:EL ) has emerged as a beacon of resilience in the cosmetics industry. The company's stock witnessed a remarkable surge of over 14% following the announcement of its second-quarter fiscal 2024 earnings, which exceeded analysts' expectations. The cosmetics giant also unveiled a strategic restructuring plan that involves job cuts, signaling a bold...
Reasons for bullish bias: - Price is at strong weekly support - Price has made a HL - Entry is at breakout of last LH for further trend confirmation Entry Level(Buy Stop): 153.03 Stop Loss Level: 122.18 Take Profit Level 1: 183.88
Its sitting right at support now on a monthly chart. Nov-Dec months could be positive. If it loses 120, then next stop at 80.
It may be close to the bottom. Anywhere between 100 to 130 is a buying range. It could jump to 200 then.
Strong trend line in green will prove to be a support for price. This trend line extends back awhile on the Weekly timeframe. I have plotted possible price action for how the recovery might play out. Daily timeframe
At the 100 sma on a monthly. If you want to be an owner and not just a consumer, this is likely a great chance to begin slowly buying / accumulating.
FRIDAY algo price has already ran the london algo yesterday playing above its target of 75. this will lead to chaos and traps as price tries to meet its order by wednesday 3 pm. much faith in the higher side has been taking out . now price will use the weak energy of the trades to lift to new highs leaving all sellers trapped for greed. if price closes just one...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
I just started to short EL, Target 150$ 140$ 124$
Bitcoin is battling in El Salvador, the primary country to make the resource lawful delicate, as indicated by another report. A study led by the Public Department of Monetary Exploration presumes that, notwithstanding El Salvador's Bitcoin Regulation, very few individuals in the nation are utilizing the cryptographic money. The law, which inquires as to whether...
The local Communication Ministry has proposed to the government that "cryptocurrency such as Bitcoin" should be implemented as legal tender. The deputy minister of the authority, Zahidi Zainul Abidin, commented that they want to legalize crypto in order to get young users to utilize Bitcoin for daily transactions and provide them with necessary...
A brief analysis of BTC's performance when El Salvador buys the dip.
El Salvador Accept Bitcoin As The Legal Tender Currency It was recorded that the price of Bitcoin on Tuesday, September 6th had an approximate loss of 11% in total following the crash of the Salvadoran government legalised crypto storage App. In regards to this news, the price of Bitcoin had a 7 days price change of -6.34% during the close of the last trading...
Revenue and Profits will increase after Covid Projects to hit 320 due to demand in Makeup/Cosmetics market after covid. MACD, and Profits show potential gains in the next 90 days due to yearly reporting in June.
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the...
I got a signal yesterday on NYSE:EL which is a stock I've been looking to buy on a pullback for the $becky index. For those that don't know the $becky is a meme portfolio of "things white women buy." It's basically consumer products AKA consumer discretionary. I'm looking to play EL to about 259 and then a retest of the high and beyond