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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by sunshine7on May 18, 2016 10:27pm
151 Views
Post# 24887158

RE:RE:Still cannot stay above $38.75 at close........

RE:RE:Still cannot stay above $38.75 at close........I would hope that there is buying conviction from short interests to at least adsorb the traders selling. The last ER and subsequent CC and threat of buy out should be supportive. Will they take a last kick at CXR? Surprise me, but the risk/reward for shorts does not seem to be there anymore in a normal functioning market.
Craigbad wrote: If you draw your trendline off the last three tops it is aligning perfectly with another lower high. Its a 30% gain in less than week for traders so ...
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