My trading idea for - Nu Skin - BUY based on strong seasonality!
Entry: 40.00 USD
Target: 44.00 USD (+10% profit)
Nu Skin Enterprises is a direct sales company for health and beauty products.
I am buying a position in Nu Skin because of its strong seasonality.
In the period May to early August, the stock has outperformed its index (SP500) by at least 4% each year (for the last 20 years).
Entry: 40.00 USD
Target: 44.00 USD (+10% profit)
Nu Skin Enterprises is a direct sales company for health and beauty products.
I am buying a position in Nu Skin because of its strong seasonality.
In the period May to early August, the stock has outperformed its index (SP500) by at least 4% each year (for the last 20 years).