Herbalife, back in the trash where it belongs
The company has received growth from the hopeful and ignorant in the last few decades. The business model is an example of what's wrong with our society. Finally, my indicators are pointing towards a short and I have been waiting for this for a long time. This crossed over on the 30week which is normally bullish for me but the 30 week has not started curving up. If you look at good stocks, you can see they cross over and then the average curves up with price .It had a stock split, seems like this is a timebomb over stocks that have actual fundamental potential. The macd and RSI are pointing this stock up though because they are starting to get centered out...watch it very carefully. If volume does not come in and this continues to drop, crossing the 30 week, its going to take a shit. If volume comes in and price goes up, the trash will continue to get carried up for a while longer. Thanks for reading, let me know what you think.
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