$ELF on the shelf; reversal?Hello, with some selling pressure from the triple digits into a demand zone that dates back a year and change if not 2 plus, we can potentially see a reversal on $ELF. Looks like a finish of the Elliot Wave pattern as well. Targets are labeled. Will be on watch. GL. WSLLongby wallstreetloser0014
e.l.f. Beauty Aims for a Stunning $147.59e.l.f. Beauty Inc. (ELF) has recently experienced a significant pullback, with its stock price decreasing by approximately 20.91% over the past month, currently trading around $70.68. This decline has created a gap at the $63 level, presenting a potential buying opportunity for investors. Analyst sentiment remains positive, with a consensus rating of "Moderate Buy" among 18 analysts. The average 12-month price target is $132.94, indicating a potential upside of approximately 87.89% from current levels. Price targets range from a low of $70.00 to a high of $250.00, reflecting confidence in the company's growth prospects. marketbeat.com Technically, a breakout above the $98.50 level would signal renewed bullish momentum, positioning the stock to target the $147.59 resistance level. This trade setup offers an attractive risk-to-reward ratio, with a stop-loss set at $57.91 to manage downside risk. e.l.f. Beauty's strong brand recognition, innovative product offerings, and effective marketing strategies have contributed to its market share expansion in the cosmetics industry. The company's focus on affordability and quality appeals to a broad consumer base, supporting its revenue growth and profitability. This combination of technical setup and fundamental strength supports a bullish outlook for ELF, with a potential move toward the $147.59 resistance level. NYSE:ELF Longby The_Trading_Mechanic5
ELF: Possible Short Squeeze 60%Observed that ELF short float reach more than 16% and RSI broken down to form Bullish Divergence. This week is possible Reversal point for ELF and more to see coming weeks. Possible bull trend emerge from here again. Longby Trend_AI_OptionsUpdated 2
Correction to ELF chart I postedThis is the correction to the elf chart I posted, this was a profitable trade for me. I forgot to draw the lines regarding the post-market level which lines up with Jan-March 2023 consolidation. Longby Apollo_21mil4
Elf gap swingElf dumped on earnings tonight and I have been watching the company for a while. This seems overblown and looks to have formed a macro triple bottom. My setup here was aftermarket spot entry. My plan: Depending on how fast this pivots the PT1= 98$ PT2=108$Longby Apollo_21milUpdated 4413
Elf - not looking prettyA breakdown of the neckline confirmed the head & shoulders pattern on this stock. Elf Beauty is not looking very pretty here post earnings. My short was activated at loss of support at $97.94. There is a potential support at $63.88. If we get a bounce here, I may close 50% of my position. I expect the final target of $43 to be reached at some point. The RSI is heading down, I also expect a complete reset. The Grand Supercycle has peaked with a classic double top and head and shoulders pattern. Be careful buying the dip if you believe in this company, this is a powerful downtrend. We also shorted Celsius using similar TA. Not financial advice, do what's best for you.Shortby NoFOMO_Updated 226
2/7/25 - $elf - I bought $66 AH, BUT... nuanced2/7/25 :: VROCKSTAR :: NYSE:ELF I bought $66 AH, BUT... nuanced - this will become a name i follow/ comment on a A LOT more in the coming year - sub 20x PE is already "value", but it's not "obvious" - it's not obvious for the simple reason that we don't have a resolution on growth trends until we see more scanner data and another quarter - while new launches (product, doors e.g. Wmt, DG and geos) should bode well for a brand that is gaining share - and honestly - share gains are more important than category softness... we need more data - in this tape, unfortunately, this type of reaction is "justified" as silly as it looks - if you zoom out, the mgns remind me of HQ software, and it's not unreasonable to say put 5x on 1.5 bn of fwd year sales and get to 7.5 bn EV which puts this stock at closer to $135 in a 12-18 mo time frame. - given stock is at mid 60s, that's nearly a 2x, even risk adjusted - MIND THE GAP in the low 60s, given the first one (in the mid 80s) filled - see the gray horizontal bars on this chart. TL;DR... downside likely 15-20% (and probably market-related in the short-term just "fine") and upside probably also 10-25%... so BALANCED. but all else equal, the upside is much more (and possibly has the ability to compound). so the stock *is* a buy here, but it needs to be risk adjusted and ST expectations tempered. I'm at 2% and will park here. as you know i've been stacking high cash (40% of book as of last night), and this is a good parking spot. i won't be trading this one around, just adding each 5% lower. VLongby VROCKSTAR3
At long-term support.After earnings on Feb. 6th, the stock has plummeted to the long-term support. This trendline needs to hold because the next support is at the yellow S/R pivot (long way down).by Lextrading221
Decent technical spot to enter a long on ELF cosmeticsLooks like a decent spot to go long here with a tight stop. Enter $85 Stop Loss $74 TP1 $124 TP2 $169 Pros RSI Oversold Bollinger Band Oversold Fibonacci Golden Pocket means good spot for reversal 200 week moving average can act as support Cons Tariffs Large Head & Shoulders pattern with neckline broken Unknowns Earnings on Thursday 2/6Longby VideloUpdated 228
ELF 3d Chart, Q1 2025 Publishing the NYSE:ELF chart to keep an eye on the multi-year head and shoulders that is currently playing out at the neckline. If this plays out, there's a chance this reaches the bottom red-zone, with a price of 57.50Shortby cmerged0
$ELF - Right shoulder almost completeNYSE:ELF Well, the right shoulder is almost complete. Whether or not the neckline holds depends on ER this Wednesday. 🙏by PaperBozz446
11/11/2024 - Here is a new BUY breakout chosen mechanically11/11/2024 - Here is a new BUY breakout chosen mechanically: Stop Loss @ $101.51 Entry BUY @ $134.15 or more Target Profit @ $172.59Longby martinmlmUpdated 2
ELF - Bullish Cross of the 50 SMA / 100 SMAELF sells quality cosmetics for less than the better known brands. I've ask a few women about ELF brand and they seem to love this company. I'm just a guy, but when I hear this kind of enthusiasm for a company I never heard, I had to check it out. The chart looks compelling and has given us a buy signal on Jan 7th. They beat estimates last quarter and I believe they are going to do that again on 2/5. e.l.f. Beauty, Inc. is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare. The company was founded in 2004 and is headquartered in Oakland, CA. This is not investment advice, I'm just a village idiot that likes to think out loud.Longby WickLittle4
Beautiful Gainse.l.f. Beauty is showing strong bullish momentum, with a gap forming around the $109.00 level. A breakout above the $147.33 daily resistance would confirm continued strength, positioning the stock to target the $218.94 resistance level. This trade offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $107.14. As a leader in affordable, high-quality beauty products, e.l.f. has positioned itself as a go-to brand for value-conscious consumers. The company’s focus on innovation, digital marketing, and expanding its product line has driven consistent growth and strong financial performance. With increasing consumer demand for accessible beauty solutions and its ability to capture market share, e.l.f. Beauty is well-poised for long-term upside. This combination of technical momentum and robust market fundamentals supports a bullish push toward $218.94, making ELF a compelling opportunity for traders and investors alike. NYSE:ELF Longby The_Trading_Mechanic225
$ELF ON SALE!? Clearance Tags!?Weekly market analysis suggests a positive trend: The current weekly price of $14 is below the average trading price, indicating a potential buying opportunity. Additionally, the 4-hour Stochastic Oscillator is showing an increase in bullish momentum. This could be a sign of a reversal in the market, making it a good time to consider a bullish outlook. Would you agree with this assessment or do you have a different take on the market? Share your thoughts in the comments below!Longby ImmaculateTony113
$ELF ON SALE!? Clearance Tags!?Weekly market analysis suggests a positive trend: The current weekly price of $14* is below the average trading price, indicating a potential buying opportunity. Additionally, the 4-hour Stochastic Oscillator is showing an increase in bullish momentum. This could be a sign of a reversal in the market, making it a good time to consider a bullish outlook. Would you agree with this assessment or do you have a different take on the market? Share your thoughts in the comments below!Longby ImmaculateTony3
ELF- H&S and double top - bearishDisclaimer - not a call to action or investment advice, just my analysis on the stock. I don't hold any position as of the moment of publishing this. Stock has double top and formed a H&S pattern. Bearish move down from here. All deets are on the chart.Shortby rareExpert739171
ELF Swing ideaThe chart looks amazing. We must break above 150 in order to price start moving back to highs, Great R:R if we break above resistance. Keeping an eye on itLongby TheBullandBearLounge6
$ELF Trade Setup & Fundamentals: $150+ TargetsGreetings Everyone , I wanted to highlight NYSE:ELF , which has been on my radar for over three months. Sector Insight: The Consumer Discretionary sector, including e.l.f. Beauty, has shown unique market resilience. Despite sell-offs in leading stocks, the sector itself has held strong, even gaining ground. This suggests that while individual names saw profit-taking, capital may still be active within the sector. It raises the question: What are institutional investors targeting here? 🤔 e.l.f. Beauty ( NYSE:ELF ) Fundamentals: Q2 Fiscal 2025 Performance: Net sales jumped 40% YoY to $301.1 million, driven by retail and e-commerce growth. Market Share Growth: U.S. market share rose by 195 basis points, marking 23 consecutive quarters of sales growth and share gains. Profitability: Gross margin hit 71%, reflecting cost efficiencies, currency benefits, and price adjustments abroad. Outlook Raised: Full-year net sales growth is now expected to be 28-30%, with EPS projected at $3.47 to $3.53, signaling sustained confidence. Levels & Technicals : Correction Zone: Began at the $220 level. Major Price Levels: Horizontal Rays at $114, $143, $153, $220. Gaps: Present at $120 and $159 levels. Volume: Breakout volume hit 9.45 million compared to a typical 2-3.5 million during range-bound moves. Trade Idea : ♟️ Gap & Go Strategy: Look to fill gaps, then break higher. Price Targets 🎯 $152 $170 Next Steps 💡 Check out Lululemon (Canadian-based) for similar strength in the same sector. Let’s collaborate on chart insights! 📈 DYOR! NFA!Longby coilemardUpdated 228
$ELF beauty weekly bullish momentum NYSE:ELF beauty weekly bullish momentum. As you you can see the b-xtrender is turning green, which indicate buyer is stepping in. We may potential see the price move up to $151 ~ $168 in the coming weeks and months Not financial advice Longby PeterWu01085
$ELF - Update: Potential C&H base breakoutNYSE:ELF just completed a potential cup and handle base with a measured move of $163. Let's hope it plays out. 🙏 It is safe to say that Muddy Waters' Carson Block's short did not work out. 🚀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.by PaperBozz3
That Break of the wedge and retest! The break and retest is key for continuation. elf heading to 142, not financial advice Longby precisiondentalinc1
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. Longby RonnieV29Updated 12