Wednesday, May 4, 2011

$AVP Levels and Trading Plan.





Support            Resistance        Pivot
30.30               31.30/31.60       31.00


Notes:    OK results, yesterday´s 5% pop looks like enough.
Plan:       Short Bias especially if staying  below 31.00 . Fade 31.30 .


$HLF Levels and Trading Plan



Ticker           Support                   Resistance           Inflection     

HLF             100.60/101.45       103.30/104.30               

-Notes:         20+% growth in revenues; $6 x 20 = $120       http://finance.yahoo.com/news/Herbalife-Earnings-Third-wscheats-1464152871.html?x=0&.v=1

-Plan:           Long bias, trade the range, watch for test of 104.30  for breakout.