Decent technical spot to enter a long on ELF cosmetics

4 בפבר׳

Looks 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 2/6

4 בפבר׳

עסקה פעילה

Correction: Entered at $87