Natural Health Trends loosing health. NHTCImmediate targets 6.77, 6.39. Invalidation at 9.48 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NHTC trade ideas
Decreased short interest, might be a good long position. The recent earnings of 1.28 compared to 0.98 same time last year. Dividend improved from .04 to .07 in the same time frame. Price is around the same level as it was last year. Last year the price rose from 31 to 51 between earnings reports. Two years ago the price rose from 9 to 18 around the same earnings quarter after a report of 0.49 with a dividend of .01. So due to the delay in reaction to earnings and having seemed to have broken a recent resistance line it may go up? Current earnings/prior earnings .98/.49=2 51/31=1.65 1.65/2=.83 (1.28/.98)*.83=1.08 1.08*34.40=37.15. Plus the decrease in short interest may indicate a move up. After a pull back to the support line.
NHTC proves itself, consolidatesPending no bad news about litigation / investigation from Chinese authorities having merit, this stock is bound for $100. It will break the $50 level easily and keep going long-term.
Buying strategies:
$35 breakout
$29 support
28.20 (.38 retrace)
25.50 (.50 retrace)
24.50 resistance becomes support
Will not sell unless, bad news hits stock on chinese investigation
$NHTC eaZY 1800% Basic TA [ SnipeSnipe ]Look at this Market.. ok ok.. it doenst matter which market, but this is gone wild for the last couple of months.. perfect market cycle.. even foconacci Extension was working.. =) So lets crack da Nuts..:
Whats going on and on and on - every market every TimeFrame:
1. Accumulation
2. First Pump
3. Accumulation
4. Second Pump
5. Accumulation
6. Third Pump
7. Distribution
8. Pullback
9. Bounce
10. Sell off
Questions..? No.. Onto da next one.. Search those gems.. wait .. wait.. ALL iN.. $$$ ..! =)
NHTC panic buys I don't know what is going on in NHTC to be honest I didn't have time to look, but I saw numbers Id thought Id never see and just pulled up my level II and waited for the prices to seem to pause at that happened at 23.00. I took 100 shares, then put a stop in for 23.50 to add 100 more, when it hit 24.50 came back to 23.00 and then went back to 23.50 again I added another 100 at market which filled at 23.95.