Is the MLM Pyramid selling scandal over yet? Was it coincidence?
Nu Skin has been known as Multi-Level Marketing company especially in APAC region, that's a indisputable fact.
Technically, the price has just accelerated and deviated away from the proper uptrend channel and hit the resistance in Jan 2014.
"Coincidentally in technical sense", China launched this lawsuit and scared the hell out of investor.
Klinger Oscillator and Force Index are showing a short term bullish divergence.
First major support is around 37. I look closely at this level to sell a weekly or monthly put options
Failing to hold means around 28 for another support. Beyond this price mean redemption only at around 17.00
Technically, the price has just accelerated and deviated away from the proper uptrend channel and hit the resistance in Jan 2014.
"Coincidentally in technical sense", China launched this lawsuit and scared the hell out of investor.
Klinger Oscillator and Force Index are showing a short term bullish divergence.
First major support is around 37. I look closely at this level to sell a weekly or monthly put options
Failing to hold means around 28 for another support. Beyond this price mean redemption only at around 17.00