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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by fdfd12on Apr 09, 2016 1:10pm
137 Views
Post# 24748166

Technical Analysis

Technical Analysis
Guys both CXR and VRX are forming the same type of base.
I call it an UGLY base.

Check the chart of AVO. I have mentioned AVO time and time again in comparison to CXR.  It has also done the same type of base and now is ready to go up.
For AVO, only way is up since it has "done its time".

Now, CXR is, hopefully, then end of its time of basing.
AVO dropped in July to August before basing for 7 months.
CXR is also trying to find a GOOD base which it has not done yet.

Guys, look at the AVO chart, you can tell that the problems are over and
UP is where it is going.

FOr CXR, we don't see that yet. We are still waiting but it should come soon.
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