This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Big Stock Charts You Need to See

Estee Lauder

It's been a ho-hum year for cosmetics company Estee Lauder (EL - Get Report); shares of the $24 billion firm have only moved around 4% higher since the first trading day of 2013. But EL could be in store for considerable upside thanks to the long-term pattern that's been forming in shares.

Lauder is currently forming an ascending triangle pattern, a trading setup that's formed by a horizontal resistance level to the upside and uptrending support put in below shares. Essentially, as EL bounces in between those two technically significant price levels, it's getting squeezed closer and closer to a breakout above that resistance level at $64. When the breakout happens, we've got a buy signal on our hands.

Momentum adds some extra confirmation to the upside setup in EL. That's because 14-day RSI has been able to maintain an uptrend over the course of the pattern, a sign that Lauder's price increase is accelerating. Since momentum is a leading indicator of price, that's a very auspicious sign for shareholders.

Wait for the breakout before putting your cash on the line in EL.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
HBC $0.00 0.00%
EL $97.13 0.00%
MSFT $50.61 0.00%
VSI $28.39 0.00%
WMT $67.59 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs