Quote from Pekelo on Jan. 28th:
Technically speaking $34-36 is a good buy if it makes it there...
Quote from Pekelo on Jan. 14th:
Technically speaking HLF can reach 46-47$ before a pullback. Bollinger and such on the daily chart....
Quote from Pekelo:
Took 3 weeks to play out, (and a little fundamental help from Mr. Icahn) but the stock is over $46 in after hours....
Here is the chart (first day on the chart is jan. 14) and how I used the BBs on the daily chart to predict both the sellzone and the buyzone:
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For those who wonder, the reason why the stock went through the lower BB with such a force was some BS news on Febr. 4th. Since the news was irrelevant, the stock actually ended up in the green, after being down 12% at the open....
Quote from Pekelo:
Sure if one knew TA and was happy with 20% returns. But most shorters want this stock to go to zero. And shorting 46 was even better...
The dip below $34 was a gift and only lasted 2 hours or so...