The food company, with sales of $ 2.8 billion and 7,800 employees, has already passed the correction phase at $ 25.46 and completing the wave E of 4. The complete previous upward movement has been corrected by more than 61.8% and that is a good trend reversal range.
Hain Celestial specializes in the production of organic and natural products and is currently in a...
I am posting this here as so I can revisit it later to see if my prediction is accurate. Please do not trade with this info. Make your own judgment.
I welcome your comments and input though. Please feel free to correct my chart.. Of course, it goes without saying, hindsight is 20/20. I don't need you to tell me that I am wrong a month from now. LOL.
HAIN just trying to breaks its downward channel. It has good insider buying. We think it will be a good long if it can break $32.37.
* Trade Criteria *
Date First Found- April 18, 2018
Pattern/Why- Downward channel breakout long
Entry Criteria- $32.37
Exit Criteria- $41.73
Stop Loss Criteria- $29.93
Indicator Notes- Big insider buying
Please check back...
Price action is at major support & five different insider's have bought shares lately.
*Only one reason for insider's to buy shares: PRICE WILL GO UP!!!
In my opinion: Looking at a $39-$40 price per share by end of year, this is where price action was at start of 2017.
The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and...
I make stock analyses before the opening, these levels i draw are strong support/resistance and are the most powerfull on the same day. So i use them the moment when the market opens.
You can see somethimes i use 2 - 3 levels because i dont know where the market will open.
when the market open i see witch levels are still valid if it gaps above or under my...
HAIN is forming a fallen angel formation. After a huge decline it is showing some upward momentum as EMA lines crossed upward & it crossed above MA50.
WE think it will go up from here & at least touch gap-down resistance around 40
You can check our detailed analysis on HAIN in the trading room/ Executive summary link...