IS ELF BEAUTY FINALLY BOTTOMING OUT?! LET'S SEE!NYSE:ELF is at a key S/R zone and has shown buyers will step in well before this thing try's to dip under $100! That's great news as that gives us a great risk/reward ratio area!
MACD, RSI, and the Stochastic are all starting to curl upward off the bottom, indicating the start of a bottoming reversal. My trade setup and execution details are below. Not Financial Advice.
Entry: $118 Break
PT1: $152
PT2: $175
Final PT: $220
S/L: Break below $100 at $97.72.