EL has been in an overall uptrend with today's price breaking above resistance @ 145.86. Retest around the resistance turned support was the plan, and placed a buy limit order that got triggered. I have been observing this stock for a long - time and the analysis still supports the long - term buy. Been taking profits( partly due to indiscipline); From the chart, I think that market may continue its uptrend since fundamentals are supporting the company and the markets overall.
Trade closed: stop reached:
P/L: -1.5%