After a long-term decline, 
EL has finally completed a massive Inverse Head & Shoulders bottom.
We've officially cleared the neckline at $103.62 on the weekly timeframe. With the 200 SMA acting as a magnet above ($151.57), this 'Make-up' giant is finally ready for a serious 'Mark-up.'
Immediate Target: $159 (Linear)
Moon Mission: $221 (Log Projection)
Don't let this breakout smudge!
EL has finally completed a massive Inverse Head & Shoulders bottom. We've officially cleared the neckline at $103.62 on the weekly timeframe. With the 200 SMA acting as a magnet above ($151.57), this 'Make-up' giant is finally ready for a serious 'Mark-up.'
Immediate Target: $159 (Linear)
Moon Mission: $221 (Log Projection)
Don't let this breakout smudge!
Note
#EL #EsteeLauderlooking good .. eyeing up a break of the local high of $121
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.