Technical Caution: EL Overbought Near $104.13
Shares of Estee Lauder Companies Inc (EL) rose 2.15% to $104.13 on August 25.
From a technical standpoint, the outlook appears bullish:
While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.
Traders are watching $76.80 on the downside and $100.70 on the upside.