-Weekly 26 EMA visit with a confirmative bullish movement.
Long positions preferred.
-15m sideways movement with a false breakout leading to a big bull leg. In order for the health of the trend to be validated we expect a profit taking action leading close to the zone.
Entry after a pullback stalling on the zone followed by a strong bull...
Reasons for bullish bias:
- Price moving in strong bull trend, if the price crosses 165.72 level, it will further confirm our analysis
- basic DOW theory, safe play with trend
Entry Level(buy stop) :165.72
Stop Loss Level: 141.43
Take Profit Level 1: 190.01
Weak points
● The group's valuation in terms of earnings multiples appears relatively high. Indeed, the company is currently paying 97.39 times its anticipated net earnings per share for the current financial year.
● Based on current prices, the company presents a particularly high valuation level in terms of enterprise value.
● The company appears highly...
This stock has terrific momentum and hopefully it takes a breather and presents another opportunity for a good entry point.
1) Year-over-year cash flow growth for e.l.f. Beauty is 59.7%
2) historical EPS growth rate for e.l.f. Beauty is 38%. However
The company's EPS is expected to grow 62.4% this year, crushing the industry average, ...
volume continues to support current price action more upside next level of resistance would be roughly 220
if it stays above and holds price can continue further as it has been on a steady climb since breaking out above 200
Don't be that girl who buys this stock here.
It's A LITTLE TOO HIGH. Needs to return to earth. It will be below $120 before Nov 1. I'll keep an eye on a pull back location, but I'll also watch for a short.... ;-)
ELF has been one of the strong trending stocks since it broke above its 200 day moving average in Jun 2022. Despite the recent steep corrections experienced by the market in the past few weeks, ELF had only dipped briefly below it's 50 day moving average.
Every reversion back to it's 50 day moving average as potential opportunity to long. with a trailing stop...
ELF Beauty Inc is a cosmetics company that offers a range of beauty products primarily for young adults. Their product line includes makeup, skincare, and other related beauty accessories, positioning themselves as a value-oriented, high-quality brand.
Price Performance
Looking at their stock price performance, ELF Beauty Inc has shown robust growth over the...
Seem to be making some ground , crossing my fingers for some sideways rest on market and maybe might be seeing a higher low set on these accounts equity curve , to set us up for a move out of the range.
As said before I am going to try to stick to regular monthly updates on these two accounts , good or bad .
Tried to draw on some Trend lines over the account...
bought , stop vs lod
Wall street caught off guard , shake out prior too , I tried to be in but never worked so now i guess all there is to do is treat this as the wedge pop that it is but definitely extended ...
When price clears 97.03
With daily volume greater than 1.27M
Target: 105.00 area
Depending on your risk tolerance: 94.39 gets you 3/1 Risk/Reward.
Earnings: May 25th
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. Not due diligence or fundamental analysis was performed while evaluating this trade idea. Do...
Well today was stopped out of partially de-risked ELF , but then told to re enter . So I did .
But one thing that I am also watching is ULTA , which is struggling and looks vulnerable.
Maybe not the best signal but we did close a wedge pop , just . This is the best performer of 2023 for me . Trends can continue , that's what I am hoping happens for ELF
This is one of the strongest stocks in the market right now with three open 2/2 gaps , more than qualifies as a TT's name too .
Personal note on my recent behavior , know thyself....
After getting bearish and shorting the 50sma loss on TQQQ, The market proved me wrong . Instead , providing wedge pops on TQQQ / QQQ .
That puts the market back into GTM and...
e.l.f. Beauty, also known as e.l.f. Cosmetics, is a cosmetics company that offers a wide range of affordable and high-quality beauty products. The company's name stands for "eyes, lips, face," which reflects its focus on makeup products designed for these facial features. e.l.f. Beauty's product lineup includes cosmetics, skincare items, makeup brushes, and...
I am doing something new , I am going to do a monthly update on some live account trading results , these are real accounts with real money and this is about year 3.5/4 for me as a person that decided they wanted to jump down the rabbit hole that is trading . I am nowhere near being a master , probably never will be but one thing is for sure , I love this game ,...
