Herbalife Ltd., a network marketing company, sells weight management,
healthy meals and snacks, sports and fitness, energy and targeted
nutritional products, and personal care products worldwide. It offers
science-based products in four principal categories, including weight
management; targeted nutrition; energy, sports, and fitness; and outer
nutrition. The weight management product portfolio includes meal
replacement, protein shakes, drink mixes, weight loss enhancers, and
healthy snacks. The targeted nutrition products comprise dietary and
nutritional supplements containing quality herbs, vitamins, minerals,
and other natural ingredients. The energy, sports, and fitness products
consist of products designed to meet the nutritional needs of athletes,
such as Herbalife24 product line, which enables athletes to customize
their nutrition program based on personal training and competitive
demands throughout the day. The outer nutrition products include skin
cleansers, toners, moisturizers, facial masks, shampoos and
conditioners, body-wash items, and a selection of fragrances for men and
women, as well as anti-aging products.
To analyze the company's stock for potential trading opportunities,
please take a look at the 1-year chart of HLF (Herbalife, Ltd.) below
with my added notations:
From September through the beginning of December HLF had been holding
support at $45 (blue), which it eventually broke. Since then, the
stock has rallied back up to that $45 breakdown level and hit it as
resistance (red) on (3) separate occasions. A break back above that $45
level should mean higher prices for the stock.
The Tale of the Tape: HLF has a key level at $45. A
long position could be entered on a break back above $45 with a stop
placed under that level. Or, a short play could be made at $45.
Please share this article
No comments:
Post a Comment