ELAA trade ideas
Possible Up move after Earning
Possible up move:
reason
Increase in Volume (Accumulation) before earning
bounce of support line at 131.95
EL BUY WEEKLY 8.73% 11.86 pip TP 147.75 SL 128.76Analyzing the last 5 quarterly reports, we concluded that a possible gap of 8.73% - 11.86 pip on 08/20/2018 after release of the report.
In the last 4 reports they had positive results in the stock of 6.31% average only the one of May / 2018 that fell 8.53%, we hope that this gap has exactly the opposite effect.
EL BUY WEEKLY 8.73% 11.86 pip TP 147.75 SL 128.76
EL short: mean reversion to monthly trendlineEL 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.
Buy the dip on Estee LauderEL is still in an uptrend. If there is a bullish candle at 145, it could return to 153. Otherwise it may fall to 139.
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.
Position in strong uptrending stockEL has continued to show strength in relatively weak market action. I'm taking a long position with stop set around 136.25. Positioned sized. Only 1% of total equity at risk.
Estee Lauder reached highest point since inception, then what?EL Inc last night reached its highest point giving traders a good opportunity to short it.
This morning after a bit of struggle, eventually gave way to a nice short and eventually resting at 145.
Always, when shorting, take the highest price possible. This gives you a good opportunity to exit earlier that expected once you reached your target.
Who Knew? Great TrendStrong uptrend very much intact after a 65% run this year. Looks ready to get going again after some nice consolidation. Good weekly bar so far and nice volume on the daily bars
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.)
might just be the bottom for nowthe move out of the pennant should propel this up to make a run towards filling the gap and target the 50% retracement area
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)
head and shoulders formingLooks like a great short entry to buy some puts at 87.50 Looking foward to what next couple weeks has in store for us.
EL shooting star reversal candleEL has been cropping up on my lists quite a lot recently - overall it is an upwardly trending stock and has been since 2009/2010. However, the trend is not at all easy to trade - even for a longer-term trend trader.
There have been many periods of extended consolidation - the duration (rather than the depth ) has been the main sticking point. In the last few months (since breaking above the 2014 high) the trend has become at little more linear - but not enough to feel confident for a straightforward trade.
Yesterday price gapped up on higher volume (and the earnings announcement) but the shooting star candle was extremely bearish. This suggests a reversal (at least in the near-term).
While I anticipate EL continuing to trend up it is not a stock which is simple to trade. I will bypass this one at this stage.
