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GNC

GNC penny stock LONGIn 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 resume bullish momentum and will enter if price gets over the VWAP/POC at 4.17 especially if volume returns.
NASDAQ:GDCLong
by AwesomeAvani
1
GNC - Bears vs BullsI 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 approximately 5 - 10 cents. I plan on increasing my position once that happens. After this, I'll probably have to hold for a few days to get my exit target. Support - 0.4 Resistance - 2.24 If things go south, I'll exit all my positions at 0.5 assuming a very dangerous loss. I hope this doesn't happen since the charts are looking good for a bit of swing trading. Anyone else trading the stock today? I would appreciate any comments from the experience day traders out there.
GLong
by normaescobarca
9
GNC - FIB Retracement - New Exclusive Product By MusclePharmGNC 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 manufacturing products and selling the finished products. It operates in three segments: U.S. and Canada, International and Manufacturing/Wholesale. Its U.S. and Canada segment generates revenues primarily from sales of products to customers at its Company-owned stores in the United States, Canada and Puerto Rico, through its Websites, GNC.com and LuckyVitamin.com. Its International segment generates revenue primarily to its international franchisees. Its Manufacturing/Wholesale segment comprises its manufacturing operations in South Carolina and its wholesale partner relationships. 27.25M 07/15/19 (Short Interest) P/E Ratio (with extraordinary items) 5.45 P/E Ratio (without extraordinary items) 2.93 Analyst Recommendation Price: $3.50 Analyst Recommendation: OVERWEIGHT News: BURBANK, CA / ACCESSWIRE / July 25, 2019 / MusclePharm® Corporation (OTC PINK: MSLP) (“MusclePharm” or the “Company”), a scientifically driven, performance-lifestyle sports nutrition company, today announced the launch of eight ready to eat protein snacks with GNC, a leading health and wellness brand. This launch includes MusclePharm’s long awaited and cutting-edge new protein snacking concept, Protein Candies, which will be sold exclusively at GNC. MusclePharm Protein Candies are single serving packs of multi-colored chocolate gems that provide 10g of protein, allowing consumers to indulge without the sacrifice. (Source: finance.yahoo.com)
GLong
by DEXWireNews
Have a look at GNC weekly bullish set-up, as my wife said so!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 not pay too much attention on its fundamentals, let's go back to the chart! Here we got a weekly bullish butterfly with a hammer, not a bad set-up, and most important of all, my wife said that she has a feeling that it would be a better investment than buying the lottery! So why not, I'll get some position here with very little risk there to put the out below 1.90. Maybe 500 shares with $300 risk and see how it goes! Happy wife, happy life yo!
GLong
by Trader_Joe_Lee
1
GNC TradeI 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 where the trading is triggered either up or down. Deciding whether this move is a trade higher to lower depends on more long term charts such as the Monthly chart where I will post in another post.The way to trade the stock would be to sell either half or all of the stock. The reason is because U.S and China trade war worries. I wouldn't make a solid long term position until trade wars ease. However, trading the stock could be beneficial. Selling on the 50 Day Moving average will lock in a 30% gain and could be on its way down because of trade war tensions. I will upload another post when I see a better entry point.
G
by bugzy300
GNC - Fallen angel Long from $10.95 to $11.80 & $17.33GNC 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 Criteria- $10.17 Please check back for Trade updates. (Note: Trade update is little delayed here.)
GLong
by AcornWealthCorp
GNC - Fallen angel formation Long from $8.06 to 9.31 & $11.67 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 $11.67 Stop Loss Criteria- $7.23 Please check back for Trade updates. (Note: Trade update is little delayed here.)
GLong
by AcornWealthCorp