Today's featured stock is Elf Beauty Inc (ELF).
ELF Elf Beauty Inc R ($139.15) - Household Goods - ELF is a 4 for 5'er that ranks in the top quintile of the household goods sector matrix and sits one box away from giving a market RS buy signal, which would promote it to a 5 for 5'er. In last week's trading ELF gave a second consecutive buy signal when it broke a spread triple top at $134, taking out resistance that had been in place since July. Long exposure may be added in the mid $120s to upper $130s and we will set our initial stop at $112, a potential spread triple bottom break on ELF's default chart. We will use the bullish price objective, $170, as our target price. Long Ideas
Symbol
Company
Sector
Current Price
Action Price
Target
Stop
Notes
BSX
Boston Scientific Corporation
Healthcare
$107.22
99 - 108
133
91
5 for 5'er, top 25% of HEAL sector matrix, LT pos mkt RS, spread triple top
TSCO
Tractor Supply Company
Retailing
$60.52
upper 50s
66
50
3 for 5'er, top half of favored RETA sector matrix, LT pos mkt RS, buy on pullback
HLT
Hilton Worldwide Holdings Inc
Leisure
$272.30
260s - low 280s
364
216
5 TA rating, top 50% of LEIS sector matrix, LT RS buy, LT pos trend, consec buy signals, buy on pullback.
RPM
RPM, Inc.
Chemicals
$126.62
110 - 120
150
99
5 for 5'er, top half of favored CHEM sector matrix, LT pos mkt RS, bullish catapult, pos trend flip, 1.7% yield , Earn. 10/1
AMZN
Amazon.com Inc.
Retailing
$232.33
200s - low 210s
240
178
4 for 5'er, top half of favored RETA sector matrix, LT pos peer & mkt RS, buy on pullback
AXP
American Express Company
Finance
$326.22
288-lo 310s
424
236
5 TA rating, top 20% of FINA sector matrix, LT RS buy, LT pos trend, consec buy signals, buy on pullback
MS
Morgan Stanley
Wall Street
$148.09
140s - lo 150s
186
122
5 TA rating, top 33% of WALL sector matrix, LT pos mkt RS, consec buy signals, recent breakout
PEGA
Pegasystems Inc
Software
$55.51
low-to-mid 50s
79
42
5 for 5'er, top 20% of favored SOFT sector matrix, buy on pullback, R-R>2.0
FOXA
Fox Corporation Class A
Media
$61.50
hi 50s - lo 60s
70
52
5 TA rating, LT pos trend, LT peer RS buy, shakeout completion, pos wkly mom
ICE
IntercontinentalExchange Inc.
Wall Street
$174.27
mid 170s - mid 180s
228
152
5 for 5'er, top half of favored WALL sector matrix, LT pos peer & mkt RS, buy on pullback
ACT
Enact Holdings Inc
Finance
$38.57
mid-to-hi 30s
48
31
5 for 5'er, top half of favored FINA sector matrix, spread quad top, 2.2% yield
HAS
Hasbro, Inc.
Leisure
$79.73
mid-to-hi 70s
96
64
4 for 5'er, top third of LEIS sector matrix, new RS buy signal, triple top, 3.44% yield
SNX
TD SYNNEX Corporation
Computers
$149.52
140-lo 150s
181
118
5 TA rating, top 25% of COMP sector matrix, LT RS buy, consec buy signals, buy-on-pullback, Earn. 9/25
RCL
Royal Caribbean Cruises Ltd.
Leisure
$352.27
320s - 340s
424
296
5 for 5'er, #2 of 59 in LEIS sector matrix, LT pos mkt RS, bearish signal reversal, R-R~2.0
ETR
Entergy Corporation
Utilities/Electricity
$87.75
mid-to-hi 80s
101
75
5 for 5'er, top 20% of EUTI sector matrix, triple top, buy on pullback, 2.7% yield
GIL
Gildan Activewear
Textiles/Apparel
$55.50
low-hi $50s
80
43
5 TA rating, top 20% of TEXT sector matrix, LT RS buy, LT pos trend, pos wkly and monthly mom, buy on pullback
BROS
Dutch Bros Inc. Class A
Restaurants
$65.98
hi 60s - mid 70s
97
61
4 for 5'er top 25% of REST sector matrix, spread quintuple top, pos trend flip, good R-R
EMR
Emerson Electric Co.
Machinery and Tools
$132.55
hi 120s - lo 140s
175
114
5 TA rating, top 33% of MACH sector matrix, LT pos mkt RS, consec buy signals
EA
Electronic Arts Inc.
Leisure
$168.62
160s - low 170s
218
140
3 for 5'er, top half of LEIS sector matrix, one box from RS buy, buy on pullback
GLNG
Golar LNG Ltd
Oil Service
$44.22
lo-mid 40s
73
34
5 TA rating, consec buy signals, LT mkt RS, top 50% of OILS sector
DOCS
Doximity, Inc. Class A
Healthcare
$69.34
63-68
85
55
5 for 5'er, top 25% of HEAL sector matrix, consec buy signals, buy-on-pullback
HLI
Houlihan Lokey Inc
Banks
$197.09
190s - low 200s
222
170
5 TA rating, top 20% of BANK sector matrix, LT mkt RS buy, price consolidation
AEIS
Advanced Energy Industries
Semiconductors
$153.74
hi 140s - mid 150s
228
128
5 for 5'er, top 20% of favored SEMI sector matrix, spread triple top, R-R>2.0
ELF
Elf Beauty Inc
Household Goods
$133.97
mid 120s - hi 130s
170
112
4 for 5'er, top 20% of HOUS sector matrix, one box from RS buy, spread triple top
Short Ideas
Symbol
Company
Sector
Current Price
Action Price
Target
Stop
Notes
Removed Ideas
Symbol
Company
Sector
Current Price
Action Price
Target
Stop
Notes
PEG
Public Service Enterprise Group Inc.
Utilities/Electricity
$81.12
mid 80s
95
74
PEG fell to a sell signal and a negative Monday, dropping it to an unfavorable 2 for 5'er.
Follow-Up Comments
Comment
NDW Spotlight Stock
138.00 X 138.00 136.00 X 136.00 134.00 X 134.00 132.00 X X X 132.00 130.00 X 7 O X O X 130.00 128.00 X O X O X O X 128.00 126.00 X O X O X 9 X 126.00 124.00 X O X O X X O X 124.00 122.00 X O X O X O X X X O X 122.00 120.00 X X O X O X O X O X O X O Mid 120.00 118.00 X O X O X O X X 8 X O X O X 118.00 116.00 X O X O O X O X O X O O X 116.00 114.00 X O X O X O X O X O 114.00 112.00 X O X O X O O X 112.00 110.00 X 6 O X O X 110.00 108.00 X O X O X 108.00 106.00 X O O X 106.00 104.00 X O X 104.00 102.00 X O X 102.00 100.00 X O X 100.00 99.00 X O X 99.00 98.00 X O X 98.00 97.00 X O X 97.00 96.00 • X O X 96.00 95.00 • X O X 95.00 94.00 • X O 94.00 93.00 • X 93.00 92.00 • X 92.00 91.00 • X 91.00 90.00 • X 90.00 89.00 • X 89.00 88.00 • X 88.00 87.00 X 87.00 86.00 X 86.00 85.00 X 85.00 84.00 X 84.00 83.00 X 83.00 82.00 X Bot 82.00 81.00 X 81.00 80.00 X 80.00 79.00 X X 79.00 78.00 X O X 78.00 77.00 X O X 77.00 76.00 X O X 76.00 75.00 X O 75.00 74.00 X 74.00 73.00 X 73.00 72.00 X • 72.00 71.00 X • 71.00 70.00 X • 70.00 69.00 X • 69.00 68.00 X X • 68.00 67.00 X O X • 67.00 66.00 X O X • 66.00 65.00 X O • 65.00 64.00 X • 64.00 63.00 5 • 63.00 62.00 X • 62.00 61.00 X X • 61.00 60.00 X O X • 60.00 59.00 X O X • 59.00 58.00 X O X • 58.00 57.00 X O • 57.00 56.00 O X X • 56.00 55.00 O X O X • 55.00 54.00 O X O X • 54.00 53.00 O X O X • 53.00 52.00 O O X • 52.00 51.00 O X • 51.00 50.00 O • 50.00
