Today GNC is breaking out of a tight 3 week consolidation chart pattern. It happens with a 40% rise in volume too.....that's really good. That is what you like to see rising price action with higher volume. In the short term GNC could run to the $ 40.00. If GNC will reach $ 40.56 within the coming 3 weeks........it will be 20% passed the $33.80 buy point. If that happens one is supposed to keep the stock for another 8 weeks. It looks like GNC is a nice winner in a market currently under pressure. I wonder where cwtripps and other negative posters are?
I doubt it overall market conditions not favourable. But @ moment GNC has a light volume pullback, which is very positive. The big guns are not selling. I expect on positive earnings a good run towards $40.00.