EL trade ideas
$EL with a Bearish outlook following its earnings #Stocks 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%.
EL, ESTEE LAUDER A PERFECT STOCK TO SHORT AT THIS TIMEEstee 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.
$EL with a Bullish outlook following its earnings #Stocks 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%.
$EL with a Bullish outlook following its earnings #Stocks 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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EL Estee LauderBreaking the 50EMA on the daily. MACD curling up. Support lines are red. Resistance and TP's in blue.
EL looking to break out of YTD consolidationGive 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 you want to get in early, look for buying opportunities in the $308 to $310 range
If you want to be more conservative wait for a break and close above $318.34 with decent volume.
EL Long PlayRevenue 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.
EL Earnings playOverbought 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
Earnings flag on EL
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 midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
The bull flag is much more predictable when it is created out of good earnings.
Game plan is to buy the break of resistance and follow the trend using the 9SMA as a trailing stop loss.
Source: Investopedia
EL Short 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%.
$EL with a bullish outlook following its earnings #BeststocksThe PEAD projected a bullish outlook for $EL after a positive under reaction following its earnings release placing the stock in Drift A
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EL for the BeckyI got a signal yesterday on NYSE:EL which is a stock I've been looking to buy on a pullback for the $becky index. For those that don't know the $becky is a meme portfolio of "things white women buy." It's basically consumer products AKA consumer discretionary. I'm looking to play EL to about 259 and then a retest of the high and beyond
$EL - Target of $306.25+Learning Elliot Wave Theory. Looks like a great setup within parameters and rules, still waiting on wave 3 to fully develop, otherwise it is a bust.
$EL with a neutral outlook after earning release $EL posted its earnings with a positive over reaction following the earnings release, The PEAD projected a neutral outlook for the stock placing the stock in Drift B
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Beautiful Make UpToday 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 is a testament to how great trades can be found Before AND After earnings on stocks. STOP BUYING OPTIONS RIGHT BEFORE EARNINGS! The action you want to play is in the weeks BEFORE and AFTER earnings!
What makes price action a Beautiful setup to me is when the 50% Retracement lines up with past price inflections. Highs, lows, and gaps are fantastic to confirm Support and Resistance levels. EL demonstrates this beautifully!
ESTEE LAUDER ON A GRAVITY PULLBACK TO THE TRENDLINE ! ESTEE LAUDER on a gravity pullback to the trendline, good chance to go long from !
$EL Estee Lauder Over-extended$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 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.
ESTEE LAUDER COMPANIES INC NYSE ELUptrend Closeup 221.00
1 target 235.00
2 target 250.00
3 target 270.00
