E.l.f. Beauty's shares surged by over 30% from after-hours lows to daytime highs, reaching $191 in one day. The company posted its first $1 billion year, but shares fell initially due to weaker guidance. Despite this, the stock rose 21% during the day and an additional 19% the next day. Traders like 'ripster47' and 'JeffMacke' highlighted the stock's significant movements, with 'ripster47' emphasizing trading strategies like Parabolic Shorts & Longs and Gap & Go setups.
🇺🇸 E.l.f. Beauty shares soar 19% after retailer indicates its torrid growth may not be over https://t.co/SS4Hd5hiCo
$ELF #recap AH low was 135 and hit 191 highs ; in 1 day! Crazy right But we focus what is front of us for morning 15$/share long. These have trapped shorts Setup: Gap & Go System: Ripster Clouds/pivots @TENETTRADEGROUP https://t.co/8zmYMmaPuk
Good day for low-priced make-up and a chip stock. $ELF up >30% from AH lows. https://t.co/mFwbORjct4
$ELF now +21% on the day - where would they be had they beaten AND raised? https://t.co/etbXkR2cXl
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E.l.f. Beauty posts first $1 billion year, but shares fall on weaker than expected guidance $ELF https://t.co/Pkd621lXNo
$WSM #recap Trades like this dnt come often, but when they do you make sure you let your system run. While noobs buy the Dips we roll Puts. Little short of 275$ target $W $RH sector shorts Setup: Gap & Crap System: Ripster Clouds+Pivots Voice Guidance @TENETTRADEGROUP https://t.co/EUgZPRCLJX