Just noticed Lauder (EL) finally broke below that key 200-day moving average on Friday. It dipped to $92.50, which is a pretty notable technical level for the stock. The shares closed around $93.14, down about 2.4% for the day. What caught my eye is where Lauder has been trading over the past year - the 52-week range is pretty wide, from a low of $48.37 all the way up to $121.64. So this current price action sits somewhere in the middle of that range. When a stock like Lauder breaks below the 200-day MA of $93.57, it usually signals some shift in momentum. Worth keeping an eye on to see if it holds support or if there's more downside coming. The chart tells an interesting story about how Lauder's been moving lately.