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  1. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    01-14-2013, 09:59 PM #1

    HAIN thread...or just a quick opinion from someone

    I have followed HAIN since I started eating just about everything they make...

    Can someone please take a look at a HAIN chart and let me know what you think, brutal honesty would work best because I'm blinded by the company and think I've either timed a value trap or the bottom is just about in...

    tia

  2. imromo24 is offline
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    01-15-2013, 04:12 PM #2
    Well that worked out well, up 2%+ in one day.

    Gotta keep an eye on the chart and see if this bad boy can turn around the 6 month slide. I think Icahn just bought some shares at $58 so maybe a good long term hold, for now though I couldn't resist the quick profit.

  3. Dr. Dave is offline
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    01-15-2013, 04:36 PM #3
    Quote Originally Posted by imromo24 View Post
    Well that worked out well, up 2%+ in one day.

    Gotta keep an eye on the chart and see if this bad boy can turn around the 6 month slide. I think Icahn just bought some shares at $58 so maybe a good long term hold, for now though I couldn't resist the quick profit.
    what are you trying to get out of it? what time frame?

  4. imromo24 is offline
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    01-15-2013, 04:42 PM #4
    Hi Dr. Dave...I was just looking for a bounce, it was near oversold, near a support level so I thought I could catch the bottom.

    I was going to wait it out for 5% but got out already at 2.5%

    But if you could look at the monthly chart, is that a bull flag/pennant or is it a sign that HAIN is going to $40 like aapl went to $400. I don't recognize the pattern as something bearish and curious if it is.

  5. imromo24 is offline
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    01-15-2013, 04:55 PM #5
    When I said HAIN monthly chart I mean the 5 year chart....what do you think of that pattern?