Herbalife On the Edge of Breakout As Short Squeeze Still Awaits

Harbalife (HLF) is on the verge of a major breakout. The stock gained another 2.5% on Friday to close at $55.80, just below the intraday high from July 31, 2012. The charts below show over a year’s worth of trading. The next chart zooms in a little so that you can read the notes I … Read more

Herbalife: Anatomy of A Short Squeeze

In “A Trading Plan For Herbalife: A Pullback Likely Before A New Trading Range“, I used options trading and presumed resistance at the 50-day moving average (DMA) to estimate that this week would finally mark a pullback in Herbalife (HLF) shares. Instead, HLF punched right through 50DMA resistance on Monday (Jan 14) and in just … Read more