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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on Feb 05, 2016 8:43am
92 Views
Post# 24527499

RE:RE:RE:Great articulation FD

RE:RE:RE:Great articulation FD
technically speaking, the TSX has hit the 50dma and continues to be in a downtrend, so there is the possibility of the next leg down. On the other hand, the iBB is still in over sold territory and may lift CXR still further. It is a pivotal time and may become clearer over the coming week. No one can be assured of the future direction of the general market. In the longer term, CXR continues to be under valued and will benefit from the soon to be released financials and another announcement of debt repayment.
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