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pipstrading
Apr 24, 2016 8:11 AM

Long NU Skin (but with risk), Bullish BAT. 75~150% upside Long

Nu Skin Enterprises, Inc.NYSE

Description

Missed the better price to buy at $24.

Never mind. There is still a lot of room for upside. NU SKIN has formed a bullish BAT nicely. The two target prices are highlighted in the chart. However, there is certain risk involved since the company business model relies on MLM which is not so welcomed in Asia.

Amazing to find out that there is dividend of 3+% based on current price. WooHoo. A good buy and hold!

Of course, will be drop and test the $24 level again? possible. If it retest, better price to buy!

Trade active

NU Skin, one of my best trades of the year!
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