Leading stock HLF had a pocket pivot on Friday, but appeared a bit extended. Today, it retraced part of the gain and is now approaching new highs. This is constructive price/volume action. It can be treated as a base breakout that is less extended today than it was on Friday due to today's partial pullback. Should it sink back below the midpoint of its base under 60, some may elect to sell part or all of their position.
PPR - HLF on Friday
|Published:||31 Oct 2011 15:04 ET|
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