On the hour chart the trend started on May 26 (linear regression channel). There is a high probability of profit. A possible take profit level is 13.39 But do not forget about SL = 11.11 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested. Thank you! Good luck! Regards, WeBelieveInTrading
Herbalife Nutrition Short Term - We look to Sell at 24.72 (stop at 26.71) Price action has formed an expanding wedge formation. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. Further downside is expected. Our profit targets will be 19.00 and 17.00 Resistance: 25.00 / 37.50 /...
Herbalife Nutrition Ltd (HLF) is having a strong day so far, which is taking place just less than a dollar away from the 20.75 Support that was formed on the March 17 2020 Low, cause by the COVID pandemic. The chart on the left is on the 1D time-frame while the chart on the right is on the 1W. As long as the 20.75 Support holds, we can expect at least the 1D MA50...