Horizontal bottom provides good support for this double bottom. It is also accompanied by a strong uptrend in green that can be viewed more easily on the Weekly chart for example. I expect bullish results upon this touch of the trend line.
Okay, so I was given some information from a mysterious source that $HELE should be shorted because they’ll go bankrupt. While I don’t believe they’ll truly go bankrupt, we may see a large breakdown as they break past some major trendlines. Being a part of the S&P 400 makes this stock a bit more resilient to change, however with the direction that the S&P 500 is...
Might get a bounce on this harmonic play Hele from big drop after earnings. Education only.