7pasos
Long

I do not see why this puppy shuld not go higher

NYSE:HLF   HERBALIFE NUTRITION LTD
After all the scandal about Herbalife             and Ackman talking against this company, from a merely technical stand point of view I must say, can't see why should not look for new highs.

As long as the historic of this chart let's me view, we came from a strong rally, that were severely retraced 76.4% in log scale.

This means that this or is the A or 1 of a structure, which means that the price usually could rise till 1 to 1 relation-ship which should be at least to 93 per share (more or less).
Besides the last stated, the last impulsive wave do not seems finished as you can see in my wave count the last structure misses a v)) wave to be completed.

Even more, if the price breaks the 47 level, the retrace is more probably a new sing of extension.

So this shuld not fall, at least, until it gets the 93 per share or more.
I must add, I have no position in this stock or intention to have it. Just I made this wave count because I got curious about the state of the chart after hear the news about this company.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out