JoeHayes
Long

GNC Long opportunity for Position Traders

NYSE:GNC   GNC HOLDINGS INC CLASS A
Weekly chart brought a very nice pin bar at support on very high volume last week. GNC             just announced its new CEO             and the future looks bright for the company moving forward from a top level management perspective. Back to the technicals though - we see some extremely noticeable momentum divergence hinting that this support level should hold which is evident by the volume seen last week and so far this week. Looking for a run back up to first resistance level around 41-42.
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