When (HLF) Moves Investors should Listen
May 31, 2024, 14:10 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for HLF
- Buy HLF slightly over 9.66 target 12.1 stop loss @ 9.63 Details
The technical summary data tells us to buy HLF near 9.66 with an upside target of 12.1. This data also tells us to set a stop loss @ 9.63 to protect against excessive loss in case the stock begins to move against the trade. 9.66 is the first level of support below 10.195 , and by rule, any test of support is a buy signal. In this case, support 9.66 is being tested, a buy signal would exist.
- Short HLF slightly under 12.1, target 9.66, stop loss @ 12.13 Details
The technical summary data is suggesting a short of HLF as it gets near 12.1 with a downside target of 9.66. We should have a stop loss in place at 12.13though. 12.1 is the first level of resistance above 10.195, and by rule, any test of resistance is a short signal. In this case, if resistance 12.1 is being tested, a short signal would exist.
Swing Trading Plans for HLF
- Buy HLF slightly over 10.35, target 10.87, Stop Loss @ 10.32 Details
If 10.35 begins to break higher, the technical summary data tells us to buy HLF just slightly over 10.35, with an upside target of 10.87. The data also tells us to set a stop loss @ 10.32 in case the stock turns against the trade. 10.35 is the first level of resistance above 10.195, and by rule, any break above resistance is a buy signal. In this case, 10.35, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short HLF slightly near 10.35, target 9.66, Stop Loss @ 10.38. Details
The technical summary data is suggesting a short of HLF if it tests 10.35 with a downside target of 9.66. We should have a stop loss in place at 10.38 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 10.35, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for HLF
- Buy HLF slightly over 10.42, target 10.87, Stop Loss @ 10.4 Details
If 10.42 begins to break higher, the technical summary data tells us to buy HLF just slightly over 10.42, with an upside target of 10.87. The data also tells us to set a stop loss @ 10.4 in case the stock turns against the trade. 10.42 is the first level of resistance above 10.195, and by rule, any break above resistance is a buy signal. In this case, 10.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short HLF slightly near 10.42, target 9.66, Stop Loss @ 10.44. Details
The technical summary data is suggesting a short of HLF if it tests 10.42 with a downside target of 9.66. We should have a stop loss in place at 10.44 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 10.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Herbalife Ltd. (HLF) available here: HLF.
HLF Ratings for May 31:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Neutral |
Weak |
| P1 |
0 |
0 |
7.29 |
| P2 |
10.16 |
10.35 |
9.66 |
| P3 |
10.42 |
10.87 |
12.1 |
AI Generated Signals for HLF
Blue = Current Price
Red= Resistance
Green = Support
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How do we know what is going on #behindthescenes of a company? According to Stock Traders Daily, a 20-year #financialindustry innovator, the best way to do this to to watch the price action in the stock. The Herbalife Ltd. (NYSE: HLF) report below is a real world example. Included are trading plans for HLF, but this report is static. If you want an update, or a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for HLF:
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