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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

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Post by fdfd12 on Nov 18, 2015 7:48am

Technically

the stock is well positioned for the next move leg up. It has formed a 3 day flag you can see on the chart. A move above yesterdays high of $44.13 means a short term bullish breakout.

I can see this happening as early as today.
Comment by fdfd12 on Nov 18, 2015 9:51am
need more volume on this brakout. Like 300,000 by 11AM
Comment by fdfd12 on Nov 18, 2015 10:18am
Volume is coming on and price is moving up. This the the type of break-out we need and that I was talking about. Can get to $47.50 which is the top of a few days before. Then should stall.
Comment by puma1 on Nov 18, 2015 10:31am
i keep getting blocked out on this board with a maintence down picture so i have to access though the back door. anyway, given that most of the posters with information to add do not appear on the site either for the last few days, i would say that the hacker into the thread has nailed more than a few posters.
Comment by TechTarget on Nov 18, 2015 10:46am
puma1, stockhouse is having technical issues Gald to see CXR slowly but surely make a come back.  Prefer slow recovery to high volatility on this one.
Comment by Roger87 on Nov 18, 2015 11:10am
I get that error of being blocked out everyday. 80% of the time its "too many requests" and the remaining 20% is "site is under maintenance" So now I check it in the morning and in the afternoon.
Comment by Tobuyornot on Nov 18, 2015 11:21am
I didn't think it could break above $47 today.  Nice call.  Next glass ceiling around $57?
Comment by Azures on Nov 18, 2015 11:22am
It didn't break $47 (yet)
Comment by dudsywow on Nov 18, 2015 11:30am
.....wait for it.......
Comment by dudsywow on Nov 18, 2015 12:23pm
.... wait for it...
Comment by dudsywow on Nov 18, 2015 12:27pm
Booya!
Comment by fdfd12 on Nov 18, 2015 11:22am
As I said, if we go through $47.50, Watch out!!!
Comment by fdfd12 on Nov 18, 2015 11:28am
$47  !!! Key number is $47.63 which is the high on earnings day. All US computers have been programmed to not let it pass the high. That is the way houses and funds work. If we get past that today, then  WOW
Comment by TechTarget on Nov 18, 2015 2:27pm
fdfd12, I'm trying to get off the boards but let us know how you know this.  Very interesting. Thanks.
Comment by fdfd12 on Nov 18, 2015 3:11pm
Through many years of watching the movement of stocks, I have noticed that the near term high is hardly ever passed on the first try. In this case, on Friday, CXR high was 47.63 and US funds play it in a way that it will not pass that price today. That is all there is. We had a nice flag setup this morning and it was obvious we would be up but this is it unless we have a strong MOC close from 3 ...more  
Comment by TechTarget on Nov 18, 2015 3:29pm
Awesome!  Thanks fdfd12! This type of post and tips that keeps me taking on extreme abuse on these boards!  It's really nice to see pros sharing tips and not just grand-standing pretending to be better than everyone else. Not all pros are sharks.  Sometimes, I wonder... ! ;-)  LOL Love the CXR board, stock and company!  Bye for now.  Some urgent non-market ...more  
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