$EL has nearly completed its full cycle, price is itching closer to its 2017 low at our blue line at $76
$EL needs to show strength before considering buying here, I think that the $76 level needs to hold and then consolidate sideways for some time to bring back confidence here
I would not be rushing into $EL right now, even at $76
I would much prefer $NKE, $DIS, SBUX and even $INTC first.