Looking for one stock that hasn’t been crushed? Check out Herbalife (HLF). (November 20, 2018)

by DAN HLF 
Let’s look at Herbalife ( NYSE: HLF ), here’s why: This is one of the few stocks that didn’t get absolutely crushed over the last month. It did fall some, less than 10 percent, and now it is back up above the 50-day moving average; it is still in a tight volatility squeeze. I just want to take a look at this real quick because most stocks just are absolutely stinking up the joint.

Let’s draw a line here. As I look at this stock if it starts to rally, we’ll put it above here; I’m looking back several days, I really want it to be above the 10-day high and that would be 55.65 so I will make this 55.55 because that will be an alert for me. If the stock starts to set up above 55.65 that is a stock that you should consider buying.

Earnings aren’t an issue; apparently they are already out of the way so that is not a thing. If you are buying the stock right now you are kind of anticipating a breakout and that would have been a wrong move. Here, here, here, here, here, here. All these times when the stock has been up at this level if you are buying the stock, you started this last month and now you are sitting here still holding it; don’t do that.

Wait for the stock to breakout because if you are in right now what kind of an edge do you get? You get a 1.0-1.5 percent edge. In other words, getting in early if the stock breaks out but it has not yet broken out despite several attempts. So you are putting your money at risk only to get a little bit of a gain. I would rather keep my money on the sidelines or keep it somewhere else. And only be buying this stock when it, in fact, actually does break out.

That is how I would trade Herbalife ( NYSE: HLF ); give it a shot.

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