GNC's endless slumping is kinda hard to understand for me, and I usually get away from this kind of stocks.
A profitable healthcare/retail drug store with only 3+ P/E and a non-stop downtrend from $60 to $2.5 a share in such a bull market!?
Hard to believe, but anyone who tried to pick the bottom based on those fundamental numbers worked horribly so far.
Market Cap 199.82M
Inst Own 51.00% Short Float 28.41%
GNC 2.32$ 26/04/2019
days range 2.07 - 2.34
Old support of 2.35 turned resistance
bounced off 2.01 on selloff
Buy limit 2.35 sell at 2.65
Avg Volume 1.83M
The stock (GNC) attempted to infiltrate Resistance Level 1 (March 26th), but was unable to further stock valuation. The current PA (Price Action) appears to have gone toward a southward trajectory.
Resistance Level 2 - (3.10 - 3.35) 25 cent interval
Resistance Level 1 - (2.70 - 3.00) 30 cent interval
Key Price Zone (KPZ) - (2.60 - 2.90) 30...
GNC believe it or not used to trade in the $40+ range. It's a well-known brand and has the potential to at least double, assuming they get their act together. I consider this a long-term hold, assuming it can stay above trend line.
I posted my first trade on TradeView a couple of weeks ago. I wrote a short article somewhat explaining the fundamentals and technical analysis for owning the stock. The stock is up about 30% since the recommendation. Now that we are up 30% where do we go from here? The stock price has clearly hit a weekly 50 day moving average. This is usually a price target...
Good morning. This is my first published trade idea so I hope it’s a good one. I was doing research about the vitamins and supplements and I realized the potential for people to stop taking the medications that they are prescribed and substitute them with vitamins. I went with my wife on our weekly trip to the vitamin shoppe and I realized that this could be a...
GNC created a weekly long tailed reversal candle that could lead to good profits. It needs to break $3.86 for confirmation, and the stop loss is placed at $3.12. First target is $6.50. Size accordingly to keep yourself in the game.
Per: Motley Fool article of 1/8/17
These 3 companies could be bought in 2017
GNC Holdings lost 64% of its value in 2016, marking its worst full-year performance since its IPO in 2011. The nutritional-supplements retailer was crushed by competition from superstores such as Wal-Mart, warehouse retailers such as Costco, and e-tailers such as Amazon.com....
GNC is turning around!
After a looooooooong way down, finally GNC is recovering! As we see, price forms higher highs and higher lows since may.
And after a pullback has just happened, we have the perfect entry setup here to take a good swing, or even to invest in longer terms.
Check it yourself, price breaks mark after mark on its way to the top!