In circumstances similar to May GDC on a1`5 minute chart pumped today for 60% and then faded to the middle basis band of the Bollinger Bands below the mean VWAP and POC line of the short term volume profile. The MACD is showing bullish divergence. THE RS lines are above the 50 level. I have GNC on watch in the after-hours and tomorrow's pre-market to...
I like the chart pattern here, technical indicators such as TD Sequential, RSI, MACD are showing signs that bulls are still in control and more upside to come in the coming days/weeks.
ENTRY: 4.67 TP1: 4.83 TP2: 5.18 SL: 4.45 - ADX<25. Would like to be higher. - RSI>65. - FFI and RS +ve - Daily, Weekly, Monthly MACD +ve - MAs are aligned. 10MA below 40MA but pointing up - Broke up down-trendline on 9 Feb 2021 - Break up HVN (4.48) and resistance (4.65) today
Because Why not?! I got in @ .50 It will have a short recovery. Absolute. *As always set your limits and stops.
I entered GNC last night before the market closed at 0.81. I think I entered at the highest price of that trading day (my bad) however this is the going to be my play: Entry Price - 0.81 Exit Target - 1.00 Current price - 0.80 Based on Level II, both, the bid and ask, are lower than the current price. I am expecting a price drop as soon as the market opens of...
GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, which include protein, performance supplements, weight management supplements, vitamins, herbs and greens, wellness supplements, health and beauty, food and drink and other general merchandise. The Company's operations consist of purchasing raw materials, formulating and...
GNC's endless slumping is kinda hard to understand for me, and I usually get away from this kind of stocks. A profitable healthcare/retail drug store with only 3+ P/E and a non-stop downtrend from $60 to $2.5 a share in such a bull market!? Hard to believe, but anyone who tried to pick the bottom based on those fundamental numbers worked horribly so far. Let's...
I posted my first trade on TradeView a couple of weeks ago. I wrote a short article somewhat explaining the fundamentals and technical analysis for owning the stock. The stock is up about 30% since the recommendation. Now that we are up 30% where do we go from here? The stock price has clearly hit a weekly 50 day moving average. This is usually a price target...
GNC created a weekly long tailed reversal candle that could lead to good profits. It needs to break $3.86 for confirmation, and the stop loss is placed at $3.12. First target is $6.50. Size accordingly to keep yourself in the game.
GNC looking very good as long. It seems breaking out forming a fallen angel formation with long moneyflow divergence. Overall looking very good as long. * Trade Criteria * Date First Found- July 27, 2017 Pattern/Why- Fallen angel breakout continuation Entry Target Criteria- Break of $10.95 Exit Target Criteria- 1st Target $11.80, 2nd Target $17.33 Stop Loss...
GNC had a long downtrend & now seems getting some strength as it breaking through its SMA 100. Moneyflow strongly diverging while it drops & now seems getting to the positive side. * Trade Criteria * Date First Found- June 14, 2017 Pattern/Why- Fallen angel formation Entry Target Criteria- Break of $8.06 Exit Target Criteria- 1st target $9.31, 2nd target...
Wow. I could've never expected this. This trade went against me a whole $170 worth and it could get worse by another 155 dollars. I'm going to hold it . I don't actually think this is a quality stock.
GNC bear credit spread. GNC C 5 sold for 3.44, GNC C 10 bought for 1.31, so a $212.10 credit taken (after comissions) Max Risk is: 305, Max Reward is: 195. Reasons: Definitely on a downward trend. Around this time of year the stock drops on earnings, it went up once but it dropped back down early. Hence the larger than usual trade amount.
GNC Date First Found - November 15, 2016 Pattern/Why- fallen angel, bullish momentum Entry Target Criteria- break above $14.94 (hit November 15, 2016) Exit Target Criteria- Target 1 $15.93 Target 2 $16.93 Stop Loss Criteria- $14.13 Indicator Notes- strong improvement in Twiggs Money Flow
Here's where I see $GNC going. South of 8$ before the end of 2016. It's simple. There competing with online retailers that can have way lower prices. Online retailers pay no rent fee every month and don't pay for nearly as many staff. not to mention they need to sell the product at such a high price no one is buying. TP: $8.00