NUS, Nuskin update

NUS aug 12 2014

Back in January we opined that this stock should drop to $30 as a minimum, based on the level of the 4th wave of previous degree. So far so good. The RSI is very overbought so a bit of a bounce right here should not come as a surprise but this one has further to go. $30, as a minimum , still makes sense. (See also previous blog).