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Herbalife Ltd. Message Board

  • matt307 Sep 21, 2012 2:20 PM Flag

    just thinking out loud

    too soon to buy now, still working it's way into over sold area, lease wait to end of day if you going to buy
    to get a better picture.
    it did hit the bottom of the standard deviation channel
    it did test it's previous 125% Retracement level.and held.
    there was a purchase of 23,000 shares about 2 hrs ago for $46.86 hlf got a bounce from there.
    tough call, day traders my sell off at the end of day,

    don't know what i am going to do,
    you can't time the bottom
    don't want to hold into the weekend
    candlestick pattern is not a piercing pattern
    if it breaks 46.24 support line, next stop 43.35
    truth is, I will probably hold off buying,
    i been burnt to many time,

    Sentiment: Hold

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    • Ya we going down. Your levels look good. S&P down to 1450 then low of 1420?, then up to 1550 plus by years end or early first quarter. HLF just might. break 40 on this down. Just thinking back when I thought 51 was a good price.GLT Strong Buy

      Sentiment: Strong Buy

    • einhorn certainly is a concern but realize there is very deep pockets long hlf. Fidelity and vanguard to name 2. plus hlf has dry powder also. Reporting great qtr. Consistantly has to prevail in the end. Jmho-bucko

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