The Long Investor
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$ELF
🕑 Added 2025-04-15 19:57:10 +0000 UTCA lot of people looking for this chart and I haven't looked at it for some time so when I brought it up I am kind of surprised why so many people wanted an updated when there is clearly no need for an update, there are no changes here
Price is testing the 0.78 Fib now at $52 and like $EL, it has been beaten down and had a very harsh ABC correction over the last 12 months.
Harsh in terms of how fast it has dropped but only weakness I am seeing is that its dropped below the standard 0.618 Fib support level for an ABC correction
If support can hold here at $52 then the ABC correction is complete....otherwise there can be a drop down to the lower fib level at $31.
Comments
Daniel
ELF EPS and Rev projected rates next 3 years below. Solid numbers 2025 EPS - 5% YoY Growth, Rev 27.85% YoY Growth 2026 EPS - 9% YoY Growth, Rev 10.45% YoY Growth 2027 EPS - 15.5% YoY Growth, Rev 11% YoY Growth This one is WAY overdone. Waiting to see some higher highs and higher lows made here. Very curious with their next earnings call.
Sam McMahon
I will buy every stock if it reaches $31 ;)
Tim
Might present a good opportunity like EL for when Lutnick gets canned and Trump folds in China.
Tim
Yes. The good thing about this company is my daughter has ELF products littered all over my house so there is clearly a market for it.
Minar Al-Balaawi
What a pain ! The issue with this company is that most of its products are imported from China.
