Concordia Healthcare Corp. T.CXR.R

Market not helping us

[fdfd12]

We need the market to move up if we are to get to $55 today.
Need TSX to be down only 40 or 50 so we can move up some.

[slightfan1]

actually .. not bad. It ran up to $54.96; often takes a half step back;often 50% of the run which would be 53.82$; it came down to $53.55$ .. so not bad. anything below that would have me worried about the sustainability of the current run.

[Slinger14]

So a $0.27 change in SP would have you worried?  It can make that swing in a mere second.  Why do you guys pay so much attention to every fluctuation in SP?  It doesn't matter, unless you're a day trader.  Are you?  What matters to anybody holding CXR is the longer term trend.  A lot of us here, as well as most credible analysts have a one-year target of $100+

[bullchart]

Neely put. I wish some on here would watch the weekly gains instead of the daily or hourly. 

[Stockcoach1]

Agree! As soon as the news of the mass shooting came out, with possible terrorism rhetoric the markets started dropping significantly. CXR was no exception...complete reversal. This is one reason why I don't put my trust into what the TA is predicting - day to day, hour by hour, minute by minute. TA can not possibly take any external influences into consideration, and all of today's

[fdfd12]

I agree, the chart was set up to climb and came down cause of it.

[CJAlberta]

This post has been removed in accordance with Community Policy

[fdfd12]

Carpe diem is a Latinaphorism, usually translated "seize the day", taken from book 1 of the Roman poet Horace's work Odes (23 BC).

[Slinger14]

I think it means absolutely nothing if the share price jumps or dips $0.27 in a split second.  Here you go again with the TA which you have no idea about, maybe because you're mentor also has no idea what they are doing.  Making assumptions what a basic chart suggests does not make one a technical analyst.  I don't know why I visit this board either.  It is clogged up

[healthstock1234]

Excellent your chart and intuition. Can we extrapolate all this in time, some months in the future? I know that the market will be not the same...I am looking only to have an idea when this stock can be $100 or higher.