Today I got sent a lot of positive vibes about the methods I've been sharing so I wanted to give back. There are two great setups that a friend found I wanted to share on NYSE:REV and NYSE:EL . I don't know anything about the industry of women's makeup but I know when price action is beautiful! Both of these had some great around-earnings price action that...
ESTEE LAUDER on a gravity pullback to the trendline, good chance to go long from !
$EL Estee Lauder looking over-extended recently. Expecting to see some mean reversion in the near term. Bearish Options Activity Today: Short Call Sale of $250/$270 strike January calls for $3.4M Near term target: $240 ($220 possible by Feb) Note: This is NOT investment advice.
Nice handle forming for cup and handle pattern. Once market stops bleeding which is likely to bounce atleast temporarily from the oversold territory, Price for EL may also break out of handle. Getting ready to go long once the set up is completely formed. I see this downward pressure from market cyclical and likely to not have crash as lots of fear mongerer are...
The diagrama is explained for itself, however the way to operate can be this way: like you see in yellow there is posible a head and shoulder, the bottom now is where we are now, but is posible another head and shoulder in green, so first to buy now a half of your invest, and then the second buy in the bottom of the green line, is very possible 75% or mmore in...
EL has been in an overall uptrend with today's price breaking above resistance @ 145.86. Retest around the resistance turned support was the plan, and placed a buy limit order that got triggered. I have been observing this stock for a long - time and the analysis still supports the long - term buy. Been taking profits( partly due to indiscipline); From the chart,...
Price seems to be trading just above the 9ema, with the 142.63 level broken twice but did not close above suggesting that buyers are probing the area above. Possibility of a higher low sequence developing before strong move up to test T/P level (potential breakout). Keeping S/L wide, considering developments on the trade front.
EL has broken out of monthly trendline and formed a new steeper trendline. The steeper trendline has broken downward and monthly trendline will be re-tested.
Despite having volatility on US Index (SPX or DJI) - which shown at the Orange Box. This stock seems having a strong support at the 20EMA. On top of that, according to the trend line that drawn on the chart, the recently drip seems breaking the trend line and fall stay above 50EMA. By right, for those who holding this stock, you should either hit with your TP, or...
It is currently at a very strong resistance line meaning anything can happen. If it is strong enough to pass through the BLUE reistance, it will then be in a new trend (Blue Trend) IF not, since it looks very over bought, it is going to go down and retest the PURPLE support. It may find support here but it is possible it wont and it may go all the way back down...
EL is reporting before market tomorrow & we are looking for earnings option play here. It has heavy insider selling along with Twiggs moneyflow divergence. We think it has good downside potential with earnings, and we would consider $97.50 August Puts currently $1.80 * Trade Criteria * Date First Found- August 17, 2017 Pattern/Why- Earnings Play (High Risk...
With a previous low and the 50% retracement level, 1200-1210 may be a good area to look for support if gold swings downward. And that could be a wave "2" in a larger leading diagonal upward, although it could also be a 3rd wave down for a larger move in the other direction. I think it will be difficult to see what happens until the elections are over. I am not...
Signals: 1-breakout of inclined long-term support 2-formation of local bearish movement 3-double top with oncoming realization Sell 91.89-91.50 (the breakout of double top neck) Stop 94.28 (+1 tic of double top high price) Target 85.00 (Elliots' waves+strong supporting price)
my sl is 1316 i had been short at 1304 1310 1313 and my first target 1240 1190 1180 i will short it again at 1323 if it create a new hight sl:1328 if 1328 breakout it will rush to 1378 1400 then buy stop 1328 target 1378 short at 1378 sl:5$ short at 1400 sl:5$ and ....you know
EURGBP is in the corrective pullback from recent highs. We are looking for red wave C to reach 0.7638 levels for a possible support. This corrective pullback is also in the A-B-C formation pattern. That said usually legs in this corrective A-B-C pullbacks reach equality, so this means leg A should travel the same distance as leg C.