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Concordia Healthcare Corp. > Question re 13 day MA and CXR

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Post by adamchess on Nov 25, 2015 12:20pm

Question re 13 day MA and CXR

I was wondering whether a rebounding stock like CXR with good fundamentals and great forward guidance would be more likely to trade well above its 13 day moving average? I suppose that would make the relevant MA tighter like 10 day or maybe less?

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Comment by fdfd12 on Nov 25, 2015 12:33pm

all good stocks trade slightly above the 13 day. WHen too far ahead, they come back. A great way to see is to look at its 1 years history and see how far ahead it has reached. CXR once it reaches $5 -$7above the 13 day, then its limit has been reached

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Comment by adamchess on Nov 25, 2015 1:00pm

thanks for sharing fdfd12. Now all I have to do is figure out where to get the 13 day MA info at a glance, then sell traders at the $5 - $7 range above and buy back at the 13 day MA again. Very practicle valuable info. I am sure there is a bit of a science to this to read up on. Again, appreciate this kind of info very much. best regards btw. I did look at freestockcharts.com site but ...more

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Comment by fdfd12 on Nov 25, 2015 1:28pm

what browser are you using? \I can get it with IE and Firefox not google chrome

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Comment by adamchess on Nov 25, 2015 1:51pm

Currently using the google chrome unfortunately. Other than the freecharts.com are there any other sites that are recommended? I would be happy to pay if it gives me the valuable info in order to make profitable trades. I am stuck with my high price broker too unfortunately because of family connections. Makes trading a little more difficult and costly.

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Comment by healthstock1234 on Nov 25, 2015 2:08pm

What are the average prince and high price recommended from your broker for CXR.TO?

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Comment by fdfd12 on Nov 25, 2015 2:20pm

https://www.baystreet.ca/articles/analyst_ratings.aspx use this if it doesnt open up correctly, go on top RATINGS and RESEARCH and then analyst ratings

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Comment by adamchess on Nov 25, 2015 2:55pm

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Comment by fdfd12 on Nov 25, 2015 3:15pm

yes just register

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Comment by adamchess on Nov 25, 2015 4:16pm

Looks like target range is 91 - 105 according to MarketBeats dated Sept 28/15 RBC

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Comment by adamchess on Nov 25, 2015 4:25pm

Sorry, I think that reads they boosted target from 91 to 105 cad and rated as OUTPERFORM.

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Comment by healthstock1234 on Nov 25, 2015 4:45pm

Thank you.

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Comment by fdfd12 on Nov 25, 2015 2:18pm

why odnt you get another browser also

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Comment by adamchess on Nov 25, 2015 2:40pm

we were getting too many bugs on IE - thats why we went to chrome

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Comment by health1234 on Nov 25, 2015 8:25pm

adamchess, sunsine7 slightfan1 bullphigter jff7 pumi 1 CH4RQU4NT are also moving reddit stockcoach argentia77 azures pj1958 stinger14 are already moved.Anyway good experience.

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Comment by JustforFun7 on Nov 25, 2015 2:40pm

I would never short a stock based on it exceeding @the 13 dma if I was fundamentally expecting the stock to move higher. OK to sell @and then rebuy lower. The difference is in the first in the worst case you may forgo some profit @and in the later you would take a loss. @Always protect against the losses (although I don@t like stop loss order as the @pros just game you out of your shares with ...more

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