I guess this guy showed up in his chiseled-out body to give the GNC earnings report this morning, because after the initial spike higher, this thing has dropped hard and fast.
And what we have now ais a trend-line off of last years October’s lows, now cracking and looking to move lower, with a huge bearish engulfing pattern on the daily.
Word of advice though, this stock moves extremely fast, and while I got in at $36.50, you may want to wait until this stock settles down a bit before jumping in.
Here’s the GNC Trade Setup.
