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Herbal Life has become a media darling due to the public dispute between Billionaires Carl Icahn and Bill Ackman. The rally of late took HLF back to the top of its falling channel, where it created a large bearish wick two weeks ago at (1) and a potential “Doji Star topping pattern” last week.
At the time of this posting HLF is down over 8%. Does it have to do with the two men mentioned above or the pattern at hand, which suggested to harvest at resistance?