Today's featured stock is Elf Beauty (ELF).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| AME | Ametek Inc | Electronics | $251.92 | mid 230s - mid 250s | 342 | 204 | 4 for 5'er, LT pos mkt RS, bullish catapult, buy on pullback, R-R>2.0, Earn. 10/29 |
| CENTA | Central Garden & Pet Company | Household Goods | $34.30 | mid-to-hi 30s | 48 | 31 | 4 for 5'er, favored HOUS sector, LT pos peer RS, spread quad top, buy on pullback |
| CLH | Clean Harbors Inc | Waste Management | $322.37 | 310s - 320s | 356 | 288 | 5 for 5'er, #3 of 22 in WAST sector matrix, LT pos peer & mkt RS |
| ASC | Ardmore Shipping Corporation | Transports/Non Air | $19.34 | 17 - 19 | 24 | 15.50 | 5 for 5'er, top 20% of favored TRAN sector matrix, triple top, good R-R, 7.5% yield |
| MTCH | Match Group, Inc. | Leisure | $40.38 | low-to-mid 40s | 55 | 36 | 4 for 5'er, top 20% of LEIS sector matrix, one box from RS buy, triple top, 1.8% yield |
| FTNT | Fortinet Inc. | Software | $184.13 | hi 160s - hi 170s | 226 | 142 | 5 for 5'er, top third of favored SOFT sector matrix, LT pos mkt RS, spread quad top, Earn. 10/28 |
| CSTL | Castle Biosciences, Inc. | Biomedics/Genetics | $36.65 | 32 - 35 | 63.50 | 28 | 4 for 5'er, top 10% of favored BIOM sector matrix, multiple buy signals, pos trend flip, R-R~4.0, Earn. 11/2 |
| GH | Guardant Health, Inc. | Biomedics/Genetics | $187.22 | low 170s to mid 180s | 236 | 140 | 5 for 5'er since May '26, top quintile of Biomedics matrix, pos. trend, ATH on 9/17, Earn. 10/28 |
| ANET | Arista Networks Inc | Telephone | $206.90 | 190s - mid 210s | 262 | 178 | 5 for 5'er, top quintile of Telephone matrix, pos. trend, matched ATH on 9/25. |
| ABBV | AbbVie Inc. | Drugs | $265.76 | 250s - 260s | 302 | 216 | 5 for 5'er, top third of favored DRUG sector matrix, LT pos peer & mkt RS, triple top, 2.6% yield, Earn. 10/30 |
| ACT | Enact Holdings Inc | Finance | $45.87 | low-to-mid 40s | 69 | 37 | 5 for 5'er, top 25% of FINA sector matrix, LT pos trend & mkt RS, triple top, heavily oversold |
| LPG | Dorian LPG Limited | Oil Service | $57.64 | 53 - 59 | 69 | 47 | 5 for 5'er since July, top quintile of Oil Svcs. matrix, pos. trend, consolidating below high at $59. |
| TNK | Teekay Tankers, Ltd. | Transports/Non Air | $103.38 | hi 90s - low 100s | 133 | 83 | 5 for 5'er, top 10% of TRAN sector matrix, multiple buy signals, 1% yield. |
| ELF | Elf Beauty Inc | Household Goods | $103.75 | 98 - 110 | 123 | 90 | 5 for 5'er since Aug., ranked 1st in Hous. Goods matrix, pos. trend, Earn. 11/4 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ADBE | Adobe Systems Incorporated | Software | $238.78 | (230s - 240s) | 192 | 268 | 2 for 5'er, bottom 25% of SOFT sector matrix, LT neg mkt & peer RS, spread triple bottom |
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| WELL | Welltower Inc. | Real Estate | $224.16 | low 230s to low 250s | 366 | 194 | Sell signal at $224, maintain $194 stop. |
Follow-Up Comments
| Comment | |||||||
|---|---|---|---|---|---|---|---|
|
|
|||||||
NDW Spotlight Stock
ELF Elf Beauty Inc ($102.97) - Household Goods - ELF has been a 5 for 5’er since August following the peer and market RS charts returning to RS buy signals. Both RS charts have maintained positive near-term relative strength since June this year and the stock currently ranks 1st (out of 24) within the Household Goods sector matrix. On the trend chart, ELF has maintained a positive trend since June this year, and shares rallied to a near-term high in early September at $110 before pulling back into the lower $90s. Action in the back half of September led to a return to a buy signal at $100 before a second capped off the month at $104. Okay to consider ELF in $98 to $110 range. The bullish price objective of $123 will serve as the price target, while the initial stop loss point will be set for $90. Earnings are due on 11/4.
| 110.00 | 9 | 110.00 | |||||||||||||||||||||||||||
| 108.00 | X | O | 108.00 | ||||||||||||||||||||||||||
| 106.00 | X | O | A | 106.00 | |||||||||||||||||||||||||
| 104.00 | X | O | X | 104.00 | |||||||||||||||||||||||||
| 102.00 | X | O | X | X | 102.00 | ||||||||||||||||||||||||
| 100.00 | X | O | X | O | X | 100.00 | |||||||||||||||||||||||
| 99.00 | X | X | O | X | X | O | X | 99.00 | |||||||||||||||||||||
| 98.00 | X | O | X | O | X | O | X | O | X | Mid | 98.00 | ||||||||||||||||||
| 97.00 | X | O | X | O | X | O | X | O | 97.00 | ||||||||||||||||||||
| 96.00 | X | O | X | O | X | O | X | 96.00 | |||||||||||||||||||||
| 95.00 | X | O | X | O | O | X | 95.00 | ||||||||||||||||||||||
| 94.00 | X | O | X | O | X | 94.00 | |||||||||||||||||||||||
| 93.00 | X | O | X | O | X | 93.00 | |||||||||||||||||||||||
| 92.00 | X | O | X | O | 92.00 | ||||||||||||||||||||||||
| 91.00 | X | O | 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 | X | 86.00 | ||||||||||||||||||||||||||
| 85.00 | X | O | 8 | 85.00 | |||||||||||||||||||||||||
| 84.00 | X | O | X | 84.00 | |||||||||||||||||||||||||
| 83.00 | X | O | X | 83.00 | |||||||||||||||||||||||||
| 82.00 | X | O | X | 82.00 | |||||||||||||||||||||||||
| 81.00 | X | X | O | X | 81.00 | ||||||||||||||||||||||||
| 80.00 | X | X | X | O | X | O | X | 80.00 | |||||||||||||||||||||
| 79.00 | X | O | X | O | X | O | X | O | X | 79.00 | |||||||||||||||||||
| 78.00 | X | O | X | X | O | X | O | X | O | 78.00 | |||||||||||||||||||
| 77.00 | X | O | X | O | X | X | O | O | X | 77.00 | |||||||||||||||||||
| 76.00 | X | O | X | O | X | O | X | O | X | 76.00 | |||||||||||||||||||
| 75.00 | 7 | O | X | O | X | O | X | O | • | 75.00 | |||||||||||||||||||
| 74.00 | X | O | X | O | X | O | X | • | 74.00 | ||||||||||||||||||||
| 73.00 | X | O | X | O | X | O | • | 73.00 | |||||||||||||||||||||
| 72.00 | X | O | O | • | Bot | 72.00 | |||||||||||||||||||||||
| 71.00 | X | • | 71.00 | ||||||||||||||||||||||||||
| 70.00 | X | X | • | 70.00 | |||||||||||||||||||||||||
| 69.00 | X | O | X | • | 69.00 | ||||||||||||||||||||||||
| 68.00 | X | O | X | • | 68.00 | ||||||||||||||||||||||||
| 67.00 | X | O | X | • | 67.00 | ||||||||||||||||||||||||
| 66.00 | X | O | X | • | 66.00 | ||||||||||||||||||||||||
| 65.00 | • | X | O | X | X | • | 65.00 | ||||||||||||||||||||||
| 64.00 | X | O | X | O | X | • | 64.00 | ||||||||||||||||||||||
| 63.00 | X | O | X | O | X | • | 63.00 | ||||||||||||||||||||||
| 62.00 | X | O | O | • | 62.00 | ||||||||||||||||||||||||
| 61.00 | X | • | 61.00 | ||||||||||||||||||||||||||
| 60.00 | X | • | 60.00 | ||||||||||||||||||||||||||
| 59.00 | O | X | • | 59.00 | |||||||||||||||||||||||||
| 58.00 | O | X | • | 58.00 | |||||||||||||||||||||||||
| 57.00 | O | • | 57.00 |
