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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

The Herbalife Saga, Steaks, and Bonds

chessNwine Mon Dec 16, 2013 3:37pm EST 14 Comments

265488

HLF is back to making Bill Ackman’s life a tough one after another halt and subsequent sharp spike higher. The stock has cleared off apparent overhead supply from its 2012 highs around $73, and is attempting to make a short squeeze up through that level now.

Elsewhere, keep an eye on steakhouse chain owner DFRG, seen on the weekly chart, first below. Tis the season, and the consolidation is impressive, as is today’s action.

And check out that massive weekly chart potential bottoming pattern on TBT.

See you after the bell on my video market recap.

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DFRG

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TBT

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14 comments

  1. zookini
    zookini
    December 16, 2013 at 3:46 pm

    Long HLF and I found 12 disney stock certificates from 1998 so long DIS too

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  2. TheHarper
    TheHarper
    December 16, 2013 at 4:09 pm

    Ackman will win in the end. I have been to the future and back.

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    • matt_bear
      matt_bear
      December 16, 2013 at 4:14 pm

      indeed. this is a zero. you think twitter calls were awesome? just wait when hlf put magic happens.

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  3. James
    James
    December 16, 2013 at 4:14 pm

    U have been consistently saying that for the last 30 points or so, u r being a jam boy embarrassing yourself just like ackman

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  4. zookini
    zookini
    December 16, 2013 at 4:33 pm

    EBAY looks good

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  5. gatorsun
    gatorsun
    December 16, 2013 at 4:33 pm

    Always a good time at RICK’S…Time to join?

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