Concordia Healthcare Corp. T.CXR.R

Price Analysis

[TACT]

Thought those of you who like price chart analysis might enjoy this link, traders cheat sheet
https://www.barchart.com/cheatsheet.php?sym=CXR.TO

[TechTarget]

Beauty isn't it?  Shows all the big resistance up higher than 92 and we're all past any short term turning points. You need TA but also need to appreciate that fundamentals is great fuel for this rocket!  Who need penny stocks for high growth investments! LOL  

[TACT]

I like that RSI14 had been oversold below 30, generally when it rises/closes past 30 its a long signal. RSI 30 level equates to about $37 level. RSI 50 equates to about $59 and overbought above RSI 70 level equates to $111. Ok, that doesn't seem a likely rebound 111 but certainly the 50% 'average' closing price strength of past 14 days as measured by RS14 and $59 seems doable. Here it

[Tobuyornot]

I'd settle for $59 before Xmas!