HERBALIFE: This is the buy signal you should be looking for.

NYSE:HLF   Herbalife Ltd.
Herbalife Nutrition is testing the 1D MA50 on marginally green 1D technicals (RSI = 55.278, MACD = -0.190, ADX = 28.228), having traded under it since March 15th. For the past 12 months, every time the stock closed a 1D candle over the 1D MA50, it rallied. The second time (+75.80%) it did so more aggressively than the first (+58.50%).

This time a potential break out faces additional Resistances in the LH trend line as well as the 1D MA200. The minimum scearion of a +58.50% rise puts the target at 17.70 but we want less risk and will settle with a contact on the 1D MA200 (TP = 16.00).

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