this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
EL formed a bullish divergence on the monthly chart after capitulating on 3 Nov.
It then began a "recovery" where there were several attempts to break a resistence zone (228 - 231.5), and finally breaking above on 18 Nov. Alas this proved to be a fake break as it went back below the neckline, eventually finding support only at the 61.8% fibonacci retracement of...
The PEAD projected a Bearish outlook for $EL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 40%.
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...
The PEAD projected a Neutral outlook for $EL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
The PEAD projected a Bearish outlook for $EL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 33.33%.
Estee Lauder missed earnings (or something, outlook, whatever) and today has gapped down bellow significant support level.
Considering all the technicals in the chart and the environment (correction-bear market) we are in, EL looks like a perfect stock to short, specially at this hour when it has retraced back to support.
Stop loss right above $265.
The PEAD projected a Bullish outlook for $EL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $EL after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
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hello freinds
this chart we show that this market will know an uptrend but you must a cross on level of 340.82 for target of 368.87
when i recommend buying
cordialy
Give or take EL has been consolidating since the beginning of 2021 and is now positioning itself for a nice break out.
Before the official break out I do think it'll revisit the $308 to $310 area.
Currently it's testing resistance and has decent volume as well.
Looking at the weekly or even the monthly chart we can see a clear up trend.
Final Notes:
If...
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.
Overbought on daily, no growth yet somehow has exploded the last couple of years.
3 weeks to drop $7 to break even on $320 puts.... I think that'll happen, lol.
Puts for earnings on this gap fill
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...
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.
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