e.l.f. Beauty (ELF +$1.98 or +0.95% to $210.90) posted a small gain today while churning higher volume as it erased much of its early gain and ended near the session low. It has met stubborn resistance in the $219-221 area in recent months. Its color code was changed to yellow with new pivot point cited based on its 3/04/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50-day moving average (DMA) line ($186) defines important near-term support to watch.

ELF was highlighted in yellow in the 5/24/24 mid-day report (read here) with pivot point cited based on its 4/29/24 high after breaking out a "double-bottom" base. It was last shown in detail in the 6/20/24 report with an annotated graph under the headline, "Perched Within Striking Distance of All-Time High". It currently has a 98 Earnings Per Share rating. It reported Mar '24 quarterly earnings +26% on +71% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 858 in Jun '24, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.8 is an unbiased indication its shares have been under distributional pressure over the past 50 days. It currently has a Timeliness Rating of C and a Sponsorship Rating of D. Its small supply (S criteria) of only 55.9 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

e.l.f. Beauty (ELF -$4.50 or -2.11% to $209.23) paused today after rallying above recent highs toward its all-time high with big gains backed by higher (near average) volume. Its color code was changed to yellow with new pivot point cited based on its 3/04/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($174.84) defines important near-term support to watch.

pulled back today with lighter volume after 3 consecutive gains. It was highlighted in yellow in the 5/24/24 mid-day report (read here) with pivot point cited based on its 4/29/24 high after breaking out a "double-bottom" base.

ELF was last shown in detail in the 5/29/24 report with an annotated graph under the headline, "Down on Lighter Volume After Breakout From 'Double Bottom' Base". It currently has a 98 Earnings Per Share rating. It reported Mar '24 quarterly earnings +26% on +71% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 825 in Mar '24, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under distributional pressure over the past 50 days. Its small supply (S criteria) of only 55.9 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
TDG - NYSE TransDigm Group Aerospace/Defense	$1,329.67	-9.81 -0.73%	$1,349.00	208,389 99.23% of 50 DAV 50 DAV is 210,000	$1,369.58 -2.91%	4/12/2024	$1,224.21	PP = $1,246.32
								MB = $1,308.64
Most Recent Note - 6/17/2024 3:54:05 PM G - Quietly consolidating above its "max buy" level. Its 50 DMA line ($1,283) defines near-term support to watch. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Transdigm Consolidating Above 50-Day Moving Average - 6/12/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag	$352.10	-14.37 -3.92%	$373.15	27,221 108.88% of 50 DAV 50 DAV is 25,000	$378.78 -7.04%	6/18/2024	$356.30	PP = $378.88
								MB = $397.82
Most Recent Note - 6/20/2024 5:05:55 PM Y - There was a "negative reversal" for a loss today following 3 consecutive gains with increasing volume. Color code was changed to yellow with new pivot point cited based on its 5/15/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Recently found prompt support near its 50 DMA line ($334.61). Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Streak of Losses Testing 50-Day Moving Average Line - 6/6/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLS - NYSE Celestica Elec-Contract Mfg	$55.80	-3.29 -5.57%	$60.15	3,012,211 125.82% of 50 DAV 50 DAV is 2,394,000	$61.06 -8.61%	5/15/2024	$51.52	PP = $51.22
								MB = $53.78
Most Recent Note - 6/20/2024 5:03:44 PM G - Suffered a big loss today with higher volume. It has not formed a sound base of sufficient length yet found support near prior highs in the $51 area. Its 50 DMA line ($50) defines additional near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Steady Pullback to Below "Max Buy" Level Following Rally - 6/4/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DECK - NYSE Deckers Outdoor Apparel-Shoes and Rel Mfg	$989.44	-18.95 -1.88%	$1,012.45	368,360 103.18% of 50 DAV 50 DAV is 357,000	$1,106.89 -10.61%	5/24/2024	$1,010.60	PP = $956.27
								MB = $1,004.08
Most Recent Note - 6/20/2024 5:23:48 PM G - Suffered a 7th consecutive loss with average volume today. Prior highs in the $956 area define initial support to watch. >>> FEATURED STOCK ARTICLE : Deckers Consolidating Near High - 6/13/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ELF - NYSE e.l.f. Beauty Cosmetics/Personal Care	$209.23	-4.50 -2.11%	$214.79	1,554,168 98.55% of 50 DAV 50 DAV is 1,577,000	$221.83 -5.68%	6/18/2024	$212.40	PP = $221.93
								MB = $233.03
Most Recent Note - 6/20/2024 5:29:48 PM Y - Paused today after rallying toward its all-time high. Color code was changed to yellow with new pivot point cited based on its 3/04/24 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($174) defines important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of All-Time High - 6/20/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
PDD - NASDAQ PDD Holdings ADR Retail-Internet	$144.14	-0.04 -0.03%	$146.00	7,036,196 74.83% of 50 DAV 50 DAV is 9,403,000	$164.69 -12.48%	5/24/2024	$161.85	PP = $153.09
								MB = $160.74
Most Recent Note - 6/17/2024 5:06:51 PM Y - Pulled back today with below average. Raised concerns recently as it negated the breakout after clearing a 20-week base. Disciplined investors avoid big losses by selling any stock that falls more than 7-8% below their purchase price. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Still Sputtering Below Pivot Point After Negating Breakout - 6/17/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRWD - NASDAQ CrowdStrike Holdings Computer Sftwr-Security	$382.14	-7.37 -1.89%	$393.25	5,714,934 157.83% of 50 DAV 50 DAV is 3,621,000	$394.64 -3.17%	5/28/2024	$351.47	PP = $365.10
								MB = $383.36
Most Recent Note - 6/20/2024 5:31:17 PM Y - Churned above-average volume today while pulling back just below its "max buy" level. Its 50 DMA line ($329) defines near-term support to watch. Bullish action came after it reported Apr '24 quarterly earnings +63% on +33% sales revenues versus the year-ago period, continuing its strong earnings track record. >>> FEATURED STOCK ARTICLE : Volume-Driven Loss Triggered Technical Sell Signal - 5/30/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NVO - NYSE Novo Nordisk ADR Medical-Ethical Drugs	$140.99	+0.19 0.13%	$143.59	3,200,491 86.95% of 50 DAV 50 DAV is 3,681,000	$144.50 -2.43%	6/7/2024	$143.06	PP = $138.38
								MB = $145.30
Most Recent Note - 6/17/2024 3:52:17 PM Y - Pulled back today with light volume. Recently wedged to new all-time highs with gains lacking great volume conviction. Color code was changed to yellow with pivot point cited based on its 3/07/24 high. To clinch a proper technical buy signal gains above the pivot point must be backed by at least +40% above-average volume. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Wedging Into New High Ground - 6/7/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GVA - NYSE Granite Construction Bldg-Heavy Construction	$62.46	-0.39 -0.62%	$65.08	1,072,464 246.54% of 50 DAV 50 DAV is 435,000	$64.33 -2.91%	6/11/2024	$59.76	PP = $64.33
								MB = $67.55
Most Recent Note - 6/20/2024 12:00:46 PM Y - Reversed into the red quickly today after a gap up gain hitting a new 52-week high. Color code was changed to yellow when highlighted on the 6/11/24 mid-day report as it was noted that a valid secondary buy point exists up to +5% above the recent high after finding support at its 10 WMA line following a prior breakout. Reported improved earnings in the Jun, Sep, Dec '23, and Mar '24 quarters versus the year ago periods. Annual earnings growth has been strong and steady. >>> FEATURED STOCK ARTICLE : Granite Construction Found Support at 10-Week Moving Average - 6/11/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

e.l.f. Beauty (ELF -$9.47 or -4.90% to $183.77) pulled back today with lighter volume after 3 consecutive gains. It was highlighted in yellow in the 5/24/24 mid-day report (read here) with pivot point cited based on its 4/29/24 high after breaking out a "double-bottom" base. It rallied further after gapping up and rebounding above its 50-day moving average (DMA) line ($173) with volume-driven gains.

ELF found support above its 200 DMA line since dropped from the Featured Stocks list on 4/03/24. It was last shown in detail in the 3/28/24 report with an annotated graph under the headline, "ELF Consolidating Above 50-Day Moving Average Line". It currently has a 98 Earnings Per Share rating. It reported Mar '24 quarterly earnings +26% on +71% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 818 in Mar '24, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.8 is an unbiased indication its shares have been under distributional pressure over the past 50 days. Its small supply (S criteria) of only 55.9 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

e.l.f. Beauty (ELF -$0.22 or -0.11% to $196.03) pulled back today for a 5th consecutive small loss backed by below-average volume. It is consolidating well above its 50-day moving average (DMA) line ($183.67) which defines important near-term support to watch. Fundamentals remain strong.

ELF was last shown in detail in the 3/08/24 report with an annotated graph under the headline, "Encountering Distributional Pressure Near All-Time High". ELF currently has a 98 Earnings Per Share rating. It reported Dec '23 quarterly earnings +54% on +85% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 749 in Dec '23, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.7 is an unbiased indication its shares have been under distributional pressure over the past 50 days. Its small supply (S criteria) of only 55.5 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

e.l.f. Beauty (ELF -$9.02 or -4.30% to $200.91) pulled back today with average volume and closed near the session low. It has been encountering disatibutional pressure near its all-time high. It is extended from any sound base. It was last shown in detail in the 2/05/24 report with an annotated graph under the headline, "Peched at All-Time High With Earnings News Due". Its 50-day moving average (DMA) line ($169.44) defines important near-term support to watch.

ELF currently has a 98 Earnings Per Share rating. It reported Dec '23 quarterly earnings +54% on +85% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 755 in Dec '23, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.0 is an unbiased indication its shares have been neutral concerning accumulation'distribution over the past 50 days. Its small supply (S criteria) of only 55.2 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
ANET - NYSE Arista Networks Computer-Networking	$273.11	-13.37 -4.67%	$287.31	3,204,418 144.47% of 50 DAV 50 DAV is 2,218,000	$292.66 -6.68%	10/31/2023	$188.84	PP = $198.80
								MB = $208.74
Most Recent Note - 3/8/2024 12:42:45 PM G - Pulling back today after recently wedging higher with gains lacking great volume conviction. Its 50 DMA line ($262) defines important near-term support to watch. >>> FEATURED STOCK ARTICLE : Best Ever Close for Arista Networks - 3/1/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NVO - NYSE Novo Nordisk ADR Medical-Ethical Drugs	$133.07	-2.85 -2.10%	$134.83	12,645,155 251.75% of 50 DAV 50 DAV is 5,023,000	$138.28 -3.77%	3/1/2024	$124.23	PP = $124.97
								MB = $131.22
Most Recent Note - 3/8/2024 12:22:57 PM G - Gapped down today, pulling back from its all-time high after quickly powering well above its "max buy" level. Recent lows in the $118 area define initial support to watch above its 50 DMA line ($114.73). >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Volume-Driven Gains - 2/8/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AXON - NASDAQ Axon Enterprise Security/Sfty	$312.69	-2.44 -0.77%	$320.76	431,723 94.47% of 50 DAV 50 DAV is 457,000	$325.63 -3.97%	11/8/2023	$127.84	PP = $223.30
								MB = $234.47
Most Recent Note - 3/4/2024 12:04:00 PM G - Very extended from any sound base and hitting another new all-time high today. Bullish action came after it reported Dec '23 quarterly earnings +60% on +29% sales revenues versus the year-ago period. Volume and volatility often increase near earnings news. Prior highs in the $260-262 area define initial support to watch along with its 50-day moving average (DMA) line ($262.58). >>> FEATURED STOCK ARTICLE : Reversal at All-Time High After 7 Consecutive Gains - 2/12/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TDG - NYSE TransDigm Group Aerospace/Defense	$1,164.99	-9.70 -0.83%	$1,180.00	204,547 94.26% of 50 DAV 50 DAV is 217,000	$1,207.58 -3.53%	12/12/2023	$1,000.39	PP = $1,013.18
								MB = $1,063.84
Most Recent Note - 3/5/2024 9:15:39 PM G - Pulled back today with average volume for a 2nd consecutive loss. Its 50 DMA line ($1,087) defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Transdigm Perched Near All-Time High - 2/14/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRWD - NASDAQ CrowdStrike Holdings Computer Sftwr-Security	$322.85	-6.83 -2.07%	$341.74	5,948,150 146.80% of 50 DAV 50 DAV is 4,052,000	$365.00 -11.55%	1/2/2024	$246.42	PP = $261.91
								MB = $275.01
Most Recent Note - 3/8/2024 12:04:38 PM G - Perched near its all-time high but enduring noted distributional pressure. Its 50 DMA ($298) recently acted as support. Fundamentals remain strong after it reported Jan '24 quarterly earnings +102% on +33% sales revenues versus the year-ago period. >>> FEATURED STOCK ARTICLE : Volume Totals Cooking While Stubbornly Perched at All-Time High - 2/6/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
ELF - NYSE e.l.f. Beauty Cosmetics/Personal Care	$200.91	-9.02 -4.30%	$213.84	1,453,811 96.47% of 50 DAV 50 DAV is 1,507,000	$221.83 -9.43%	1/2/2024	$138.23	PP = $153.63
								MB = $161.31
Most Recent Note - 3/8/2024 5:10:34 PM G - Pulled back today with average volume, retreating from its all-time high hit this week. Reported Dec '23 quarterly earnings +54% on +85% sales revenues versus the year-ago period, continuing its strong earnings track record. Its 50 DMA line ($169.44) defines important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure Near All-Time High - 3/8/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
KOF - NYSE Coca Cola Femsa Sab Ads FOOD and BEVERAGE - Beverages - Soft Drinks	$95.84	-0.95 -0.98%	$96.93	136,272 82.69% of 50 DAV 50 DAV is 164,800	$104.38 -8.18%	1/12/2024	$93.38	PP = $99.34
								MB = $104.31
Most Recent Note - 3/6/2024 5:14:57 PM Y - Still quietly consolidating above its 50 DMA line ($95.10) which defines important near-term support to watch. There was a noted "negative reversal" on 2/20/24 at its all-time high. Reported Dec ''23 quarterly earnings -13% on +24% sales revenues versus the year-ago period, raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Perched at High With Earnings News Due - 2/21/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PCAR - NASDAQ Paccar Trucks and Parts-Hvy Duty	$114.65	+0.32 0.28%	$116.07	2,035,232 93.27% of 50 DAV 50 DAV is 2,182,000	$116.88 -1.91%	1/23/2024	$100.35	PP = $98.57
								MB = $103.50
Most Recent Note - 3/8/2024 12:45:03 PM G - Extended from any sound base and holding its ground stubbornly at its all-time high after steadily wedging higher with gains lacking great volume conviction. Its 50 DMA line ($103) defines near-term support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After 7 Weekly Gains - 2/26/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HUBB - NYSE Hubbell Electrical-Power/Equipmt	$393.14	+0.18 0.05%	$396.92	428,687 108.53% of 50 DAV 50 DAV is 395,000	$393.37 -0.06%	1/30/2024	$343.26	PP = $336.83
								MB = $353.67
Most Recent Note - 3/5/2024 9:18:55 PM G - Pulled back from its all-time high with today''s loss after 4 consecutive gains. Very extended from the previously noted base. Prior high ($340) and its 50 DMA line define important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Inched to New Highs With Average Volume - 2/28/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MANH - NASDAQ Manhattan Associates Computer Sftwr-Enterprse	$257.32	-8.71 -3.27%	$266.94	338,506 95.89% of 50 DAV 50 DAV is 353,000	$266.78 -3.55%	1/31/2024	$240.57	PP = $230.71
								MB = $242.25
Most Recent Note - 3/7/2024 9:49:07 PM G - Posted a solid gain today with +29% above average volume while rallying to a new all-time high, getting extended from the previously noted base. Prior highs in the $230 area along with its 50 DMA line ($232) define near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Hovering Near All-Time High After Streak of Small Gains - 2/29/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag	$287.39	+4.39 1.55%	$289.34	26,553 139.75% of 50 DAV 50 DAV is 19,000	$284.71 0.94%	2/9/2024	$254.68	PP = $265.09
								MB = $278.34
Most Recent Note - 3/8/2024 12:31:38 PM G - Wedging to new all-time highs above its "max buy" level with recent gains lacking great volume conviction and its color code is changed to green. Recent gains above the pivot point were not backed by the minimum +40% above average volume necessary to trigger a proper technical buy signal. Through Dec '23 its quarterly and annual earnings (C and A criteria) history has been strong, a good match with the fact-based investment system's guidelines. Thinly traded firm has only 5.7 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling. >>> FEATURED STOCK ARTICLE : Strong Finish for Thinly Traded U.S Lime & Minerals - 2/9/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NOW - NYSE ServiceNow Computer Sftwr-Enterprse	$757.68	-10.40 -1.35%	$777.57	1,026,475 85.04% of 50 DAV 50 DAV is 1,207,000	$815.32 -7.07%	2/22/2024	$771.75	PP = $815.32
								MB = $856.09
Most Recent Note - 3/7/2024 9:52:33 PM Y - Gain today with higher volume helped it promptly rebound above its 50 DMA line ($750) helping its outlook to improve and its color code is changed to yellow. Recent lows define important near-term support to watch in the $730 area. >>> FEATURED STOCK ARTICLE : Found Support With a Solid Gap Up from 10-Week Moving Average - 2/23/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SNPS - NASDAQ Synopsys Computer Sftwr-Design	$571.29	-12.06 -2.07%	$586.26	686,424 49.14% of 50 DAV 50 DAV is 1,397,000	$629.38 -9.23%	2/22/2024	$600.65	PP = $582.85
								MB = $611.99
Most Recent Note - 3/5/2024 9:06:52 PM Y - Suffered a big loss today with below-average volume, retreating from a best-ever close. Previously noted - "A strong volume-driven gain and close above the pivot point is needed to clinch a proper technical buy signal. Found support recently at its 50 DMA line ($538). Reported Jan ''24 quarterly earnings +36% on +21% sales revenues versus the year-ago period, its 3rd strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong and steady." >>> FEATURED STOCK ARTICLE : Gapped Up for New High But Ended Near Session Low - 2/22/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PAY - NYSE Paymentus Holdings Finance-CrdtCard/PmtPr	$19.21	+0.76 4.12%	$19.24	378,230 189.12% of 50 DAV 50 DAV is 200,000	$21.02 -8.61%	3/5/2024	$19.97	PP = $18.89
								MB = $19.83
Most Recent Note - 3/8/2024 12:24:56 PM Y - Rising today after 2 consecutive volume-driven losses undercut the prior highs raised some concerns. Closed in the middle of its intra-day range with a considerable volume-driven gain after highlighted in yellow in the 3/05/24 mid-day report with pivot point cited based on its 12/26/23 high plus 10 cents. Reported Dec '23 quarterly earnings +175% on +25% sales revenues versus the year-ago period, its 3rd strong quarterly comparison well above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been strong since its $21 IPO in May '21. >>> FEATURED STOCK ARTICLE : Big Gap Up Gain Triggered Technical Buy Signal - 3/5/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

e.l.f. Beauty (ELF -$0.02 or -0.01% to $169.74) finished flat after churning above average volume and hitting another new all-time high. It is extended from any sound base and rallied +22.8% since featured in the 1/02/24 mid-day report (read here) and in that evening's report under the headline, "Pulled Back After Closing 3 Weeks Tight". Its 50-day moving average (DMA) line ($143.63) defines important near-term support to watch. Keep in mind it is due to report Dec '23 quarterly results after the close on Tuesday, 2/06/24. Volume and volatility often increase near earnings news.

ELF currently has a 98 Earnings Per Share rating. It reported Sep '23 quarterly earnings +128% on +76% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 752 in Dec '23, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply (S criteria) of only 55.2 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

e.l.f. Beauty (ELF -$4.68 or -3.24% to $139.66) has been addeed to the Featured Stocks list highlighted in yellow with pivot point cited based on its 12/20/23 high plus 10 cents after forming an advanced "3 weeks tight" base (the 2nd chart is a weekly graph). It rebounded from early low of the session after gapping down, finished in the upper third of its intra-day range and near its 52-week high. Subsequent volume-driven gains for new highs are needed to trigger a technical buy signal.

ELF has a 98 Earnings Per Share rating. It reported Sep '23 quarterly earnings +128% on +76% sales revenues versus the year-ago period, adding to its streak of very strong quarterly results well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history over the past 3 years has been strong, making it a better match with the fact-based investment system's fundamental guidelines.

The number of top-rated funds owning its shares rose from 510 in Mar '23 to 722 in Dec '23, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.8 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply (S criteria) of only 55.2 million shares outstanding can contribute to greater price volatility in the event of institutional buying or selling.

Chart courtesy of www.stockcharts.com

Challenging Prior Resistance Area - Friday, July 12, 2024

Perched Within Striking Distance of All-Time High - Thursday, June 20, 2024

Down on Lighter Volume After Breakout From "Double Bottom" Base - Wednesday, May 29, 2024

ELF Consolidating Above 50-Day Moving Average Line - Thursday, March 28, 2024

Encountering Distributional Pressure Near All-Time High - Friday, March 8, 2024

Peched at All-Time High With Earnings News Due - Monday, February 5, 2024

Pulled Back After Closing 3 Weeks Tight - Tuesday, January 2, 2024