NYSE:EL   Estee Lauder Companies, Inc. (The)
William Alligator: the stock is in a bullish position because the candlesticks are above the Teeth, Lips and Jaw. The lines are “eating with an open mouth” and this indicate that the stock is in a strong uptrend.

MACD: the line is above the signal line, this is a bullish confirmation. Moreover, the green vertical bars indicate that the price is increasing.

ADX: the line is at 29.37, so the stock is in a strong uptrend.

Candlestick patterns: there are spinning tops, and this is a bearish confirmation.

Overall: it can be interesting to take a buy position on this stock because all the indicators indicate that the price is increasing and will continue like that. Moreover, the stock is currently in a strong uptrend. Better taking a short-term position because there is a bearish candle. Entry price is higher than the current price for assurance and stop loss is set at -5%.

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