Dashbridge

HLF bearish 3 drivers

BATS:HLF   HERBALIFE LTD
72 0 0
A possible set-up for bearish 3 drivers is forming. The day bouncing just half a dollar above the parallel channel gives more strength to this pattern as well. The overall trend on stochastic show the momentum is declining (although maybe inevitable after the first legs jump) giving weight to an overall bearish signal. The bottom had a violent push back up suggesting good support level and where drive 3 begins.
Although you could play the move up, remember the highest probable trade is at the top, once it reverses below the PRZ for the pattern.
All trades are risky and may lose principle. Carefully consider each strategy before taking it.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out