Long Position on NHTC @ $37.00 on 6/16/2015 (Momentum)

Bullish Cup & Handle on NHTCNatural Health Trends Corp. (NHTC) is a direct-selling and e-commerce company. It provides wellness, beauty, and lifestyle products for consumers or business builders under the NHT Global brand name.

The company manufactures and supplies its products through third parties. Its wellness products include liquid, encapsulated, tableted and powder dietary and nutritional supplements, herbal supplements, vitamins, and minerals.

The company’s beauty products comprise anti-aging and hydrating cleansers, creams, lotions, serums, and toners; and lifestyle products include weight management, intimacy support, and energy enhancing supplements.

It operates in North America, Hong Kong, Taiwan, South Korea, Japan, Italy, and Slovenia, as well as in Russia, Kazakhstan, and Ukraine.

The company sells its products through its network marketing operations, as well as sells directly to consumers through an e-commerce platform.

Shares are in the process of moving higher out of a bullish "cup and handle" that was formed following its last quartery earnings report. Higher share prices are expected for this stock. Note that the stock is slated to join the Russell 3000 Index on Friday, June 26, 2015.

 

52-Weeks Trading Range: $6.50 - $36.89

Entry Point: $37.00

Stop Loss: $35.10

Target Price: $40.70

Updates

6/17/2015 11:52:08 AM

NHTC closed at $41.94 after it exceeded our target price.

Position closed on 6/17/2015 at price of $41.94 with a 13.35% gain in 1 days.

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