🌕BANGERS BEFORE MIDNIGHT VOL. # WHICHEVER ONE THIS IS NOW
Just some potential bangers and what have you. So on and so forth.
🎁 FREE POTENTIAL BANGER: ELF 103p 6/27
YEET Likes: 110p strike better, but the 105p has better juice if it swings.
Context: Sympathy play after ULTA earnings may cast a shadow over beauty sector momentum.
Thesis: Retail doesn’t like cracks, and ELFs’s last rip created a sneaky hourly gap down at $94. This week’s indecision could morph into a trend rejection, triggering a backtest.
Key Technical Zone:
🔍 Hourly gap fill @ $94.00
105p: speculative, needs continuation.
110p: more responsible, still tasty.
Ideal Entry: On retest of $100–101 or rejection from $103.
Risk/Reward:
High reward, decent IV crush risk if it stalls midweek. Watch volume, especially off early dips.