$EL Estee Lauder Over-extended$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.
EL
EL LongNice 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 claiming.
"More money can be made betting on long side of the market than waiting for a crash" said Peter Lynch. I have learned to strongly believe that over the years.
This is an opinion. Please do not buy any stocks or other financial instruments reading this posts. These posts are for educational purposes only.
HEAD AND SHOULDERS. BTC HCH EN BTCThe 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 btc in the nex day because halving, going up to 15000, if they PRO s take the btc to 15000, is time to sell. !
El diagrama se explica por si solo, creo que para operar seria asi: como ves en las lineas amarillas se esta creando una hombero cabeza hombro invertido, segun, lo mas bajo seria en donde estamos ahora, y he formado otro hombro cabeza hombro, en verde, asi que seria una compra ahora, y una segunda tocando la linea inferior de las lineas verdes, es muy posible un incremento de btc en un 75 por ciento o mas a causa del halving, si los pro llevan el btc a mas de 15000 es hora de vender!!
Si ya se va para abajo el btc que lo dudo, como les decia a consecuencoa del halving, seguro habra una manipulacion con ese tema. pues ya se habra perdido un 10 por ciento de la inversion, o si no, dejarlo como hold, y aguantar. btc va para arriba invariablmrente.
EL BuyEL 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, I think that market may continue its uptrend since fundamentals are supporting the company and the markets overall.
EL BuyPrice 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 Daily Analysis - 25 April 2018Despite 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 you shift your SL (Long Term Trader).
EL may be entering a new channel 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 to the blue support line.
EL - Earnings option play, $97.50 August Puts currently $1.80EL 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 Trade); Upward channel
Entry Target Criteria- We would look for $97.50 August Puts currently $1.80
Exit Target Criteria- $92
Stop Loss Criteria- N/A
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Next gold supportWith a previous low and the 50% retracement level, 1200-1210 may be a good area to look for support if gold swings downward. And that could be a wave "2" in a larger leading diagonal upward, although it could also be a 3rd wave down for a larger move in the other direction. I think it will be difficult to see what happens until the elections are over. I am not making trade recommendations.
LAUDER ESTEE COS INC: The beginning of trend reversal?Signals:
1-breakout of inclined long-term support
2-formation of local bearish movement
3-double top with oncoming realization
Sell 91.89-91.50 (the breakout of double top neck)
Stop 94.28 (+1 tic of double top high price)
Target 85.00 (Elliots' waves+strong supporting price)
just wait and see about gold my sl is 1316 i had been short at 1304 1310 1313 and my first target 1240 1190 1180
i will short it again at 1323 if it create a new hight sl:1328
if 1328 breakout it will rush to 1378 1400
then buy stop 1328 target 1378
short at 1378 sl:5$
short at 1400 sl:5$
and ....you know
EURGBP : Lower Levels In ViewEURGBP 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.