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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by fdfd12on Apr 09, 2016 8:17pm
102 Views
Post# 24748789

RE:RE:Technical Analysis

RE:RE:Technical AnalysisFullReversal, get your facts correct.
I am not a trader but an investor.
I am a technical analyst along with being a fundamental analyst.
I have 18% of my position in CXR and have held it for 14 months.
I have felt $117 along with $25 for the stock.
At time out of frustration, I hae sold 1/4 and then bought back a few days or weeks later.

I have held all alon

FullReversal wrote:
fdfd12 wrote:
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.


Ugly is bad but no need to panic since this is a slow decline and there are no real warning bells. Bashers here in full force is actually very bullish! LOL

Thanks FDFD12 the trader (not investor), bad news for investors short term, good news for investors that clue in to short seller games like the health M&A short attack.

Do any TA pros have a target for a good bid price? My still in the money on this but I'm not selling and missing a run but I do want to buy more cheapies at the right time.  I hate buying too early.

Nowrong!  You've been buying here from 100 shares to 300 shares, are you planning to continue to add at the prices or you prefer to wait for sub $30 before the full reversal!?




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