Post by
JustforFun7 on Dec 17, 2015 10:07am
Nice to start up again
VRX got a downgrade by someone I never heard of. Time for that one to slow down and for somemoey to flow over to CXR for its turn to run.
One small potential glitch. The market gapped up a couple of days ago at 48.75. Technical guys believe gaps have to be closed. Maybe so but the big question is when. Rather do it sooner than later buut this one looks like it wants to run. Pharma is a defensive sector and people are a little nervous in the post fed moment. Gold going down though ledds me to believe the markets enjoy a xmas rally
JFF7
Comment by
DeltaVega on Dec 17, 2015 11:14am
Looks like it wants to touch 48.75 to close this gap. 2 steps foward, 1 step back...
Comment by
sunshine7 on Dec 17, 2015 11:23am
I would be shocked to see it happen. If everyone followed TA then it would be expected, but I think there was good interest at $50 and should be resistance IMO.