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. Longby BryanWilsonPublished 1
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.Shortby DuriusUpdated 1
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 Longby temeritytradingPublished 1
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.)Shortby AcornWealthCorpPublished 3
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 by pDarshildPublished 0
Thislooks craptastic on the monthly. Below the 50sma & macd/rsi look southward boundShortby MarketChickenPublished 3
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)Longby demyanchukPublished 3
ELLong after a daily close above the descending trend line. Target the 1.272 extension.Longby Allott_o_OptionsPublished 0
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. Shortby BADUNDERPRESSUREPublished 0
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.Longby iAnneTraderPublished 7
ELDescending Triangle BO seen best on the weekly. This MAY have too much "white space" for Bulkowski but worth a tray to the 1st targetby KLangPublished 1