Estee Lauder has been attempting to break higher and that is despite the price breaks the rising wedge formation, the stock rally was halted at 50% retracement level of wave 3 by forming a double top formation and a tweezer top formation on the 2nd top.
Will there be some chances of an upside? Only if prices close above the 61.8% of the Fibonacci retracement level and price display some bullish signals at the support level 168.76.
Will there be some chances of an upside? Only if prices close above the 61.8% of the Fibonacci retracement level and price display some bullish signals at the support level 168.76.
註釋
The stock is testing the 61.8% retracement. cut loss if you can.
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