Estee Lauder has been attempting to break higher and that is despite the price breaks the rising wedge formation, the stock rally was halted at 50% retracement level of wave 3 by forming a double top formation and a tweezer top formation on the 2nd top.
Will there be some chances of an upside? Only if prices close above the 61.8% of the Fibonacci retracement level and price display some bullish signals at the support level 168.76.