Add HELE to the Short Side

10/16/23 01:02PM EDT

ADD: Helen of Troy (HELE) to the Investing Ideas Short list.

Commentary below from Keith within "Real-Time Alerts" delivered to #HedgeyeNation today.

We're all old enought to remember OCT 6th too...

Coaching Notes:

1. That's when The Helen of The Troy peeps gave a terrible business cycle update

2. The stock went to $105 that day and has since bounced to lower-highs on #decelerating volume 

3. That's what we look for ... the bounces on the decels... they're usually where weak-handed-hedgies are covering

Brian McGough remains The Bear on the name,

KM

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