Uptrend Closeup 221.00 1 target 235.00 2 target 250.00 3 target 270.00
Need to check the bottom side of Ascending Channel. Fibo - 180$ important. Not for a suggestion!
Hello traders, **DISCLAIMER** content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. ESTEE LAUDER COMPANIES is in a long term uptrend possibility if it breaks up strongly. Please LIKE & FOLLOW, thank you!
Estee Lauder has been attempting to break higher and that is despite the price breaks the rising wedge formation, the stock rally was halted at 50% retracement level of wave 3 by forming a double top formation and a tweezer top formation on the 2nd top. Will there be some chances of an upside? Only if prices close above the 61.8% of the Fibonacci retracement...
Stochastic bottomed and crossed. RSI in reversal after heavy selloff Regained 100ma support. China related issues a concern as it is strong market fro the stock. Well respected channel in play. Small gap fill trade opportunity pre earnings.
+Breakout Buy +Price managed to close 31 Oct gap down. +Price bounce above EMA20/EMA50 and stay above EMA200 =EMA20 attempting to cross above EMA50 -Bull Force Index turned +ve, however, volume are below average. SL 178 TP1 = 201 TP2 = 207 TP3 = 218 TP4 =224
Strong bullish candle. Rise in volume as it breaks through resistance. Stop set below previous week candle. Above all EMAs.
20-8-19 EL LONG 202,90 199,53 3,37
If you like Swing trades EL is setting up for something. I like the trapping of red candles here and I like the gap today. I just want you to be leery of the wick of the ATH candle. Let it break that wick then get in for the swing. You don't wait to let the shorts come in again and beat this down at the ATH and trap swing and long traders. Even if it doesn't break...
After a 5-month bull run, EL seems to have the symptoms of a tired bull. The sequences of high high high lows have recently turned into low high low lows. Although news about strong Q3 books, robust travel retail, buyouts might have caused the bull some confidence and momentarily shows signs of strength and stamina. The bear is likely to overcome this with a...
As an exercise of basic trading, I could identify double bottom pattern in Esteé Lauder Company Inc' shares. As we can see, after the double bottom, shares continued in a bullish trend line until May 16th.
Estee reports tomorrow morning and is likely to beat easily, but it is also likely that some profit taking will ensue, which could provide a very good entry level for a stock we previously missed out on. Company Description The Estée Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products...