Next $HLF Support levels $HLF is having a deep pi

Next $HLF Support levels

$HLF is having a deep pierce through the 200 week moving average. There is no trade today, and if there is to be a bounce play it should be looked at next week instead.

There's actually decent looking support at the 30 dollar level. First, there was a bit of shimmy and shake before it broke through 30 bucks back in 2010. Second, it is a 61.8 retrace from the 2008 lows to the 2011 highs. Third it's a nice round number.

The next area of support is 25 bucks which was a major resistance area from 2008 and 2010.

I'll have to watch pattern very closely. This time around I'm going to let the market tell me it is putting in a low. I'm thinking that we need to watch for any tax loss selling followed by end of year short covering.