07/22/2014 – Herbal Life LTD
- July 22, 2014
- Herbal Life LTD
Issued: 06/27/2014
Herbal Life HLF:
1. Daily and especially a weekly close below $63.00 in Herbal Life will be the earliest indication for further decline and test/attempt at $60.80, then $57.50 (or lower) during July/Aug. 2014.
2. Should the above be confirmed, new short entry will be messaged in a subsequent update.
David Williams
Issued: 07/23/2014
HLF Herbal Life:
1. Our previous Herbal Life update (June 27) indicated that a break of $63.00 would indicate a fast decline and test of $60.80, then $57.50 (or lower) during July/Aug. 2014.
2. Last week (week of July 14) Herbal Life broke the $63.00 level and declined sharply, completing the $57.50 downside target, and lower (recent low, $52.50). This completed the intended short trade.
3. The market reversed powerfully off that bottom and is now trading back up at $66.09. This is a remarkable reversal which will likely set further trade indications into motion. Will update
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.