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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by bullcharton May 17, 2016 10:54am
104 Views
Post# 24880806

RE:RE:RE:RE:3 Day Rule

RE:RE:RE:RE:3 Day RuleA good rule of thumb is the 3 day leg but CXR has moved outside this many times. Since jan 28 I have had a 6, 9, 7, 7, 5, 3 day legs with 5-11 dollar moves. So this one could shoot out of the park. 

The VRX /CXR has crossed with CXR running 15% higher yesterday and 10% today than VRX. CXR just may top apr 22 high today of 42.24 and a cross of the 200 m/a , with the next one at 46.63 mar 14.  Of course everyone is waiting for the big one dec 29 high of 58.75 to get lowed through. CXR has always given a over bought top warning. Can't see anything like that here. 
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