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

Healthcare Biotechnology

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > 3 months ago...
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Post by sunshine7 on Dec 01, 2015 9:51am

3 months ago...

CXR was hugely oversold - at $50ish on high volume and quick bounce back to $60ish. The external bad news kept coming and we then know how that affected CXR SP. How will these key price levels affect CXR in the near term? Possible support and resistance levels? Interesting the power of external influence over fundamentals. RSI say overbought and needs consolidation but technical are affected by these external events. Maybe some analysts are looking at these technical over fundamentals?
Comment by USNOOZEULOOZE on Dec 01, 2015 9:57am
This post has been removed in accordance with Community Policy
Comment by JustforFun7 on Dec 01, 2015 11:22am
we also have to remember that  the share price is almost 90% (guess) off the bottom. It takes time to go up (and seemingly no time to go down).  JFF7
Concordia Healthcare Corp.
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