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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Post by HedgeFunderon Aug 16, 2016 12:33am
275 Views
Post# 25144743

Stop The Panic, Things Should Be Fine

Stop The Panic, Things Should Be FineTwo things:
1. Vast majority of price gaps get closed, so will Concordia's Gap Down. It will be closed. You're looking at about 80% upside from here within 3 months which would bring price to around $21.
2. Accumulation is already in progress, which is visible from today's candle, improving chaiking money flow, and RSI being oversold also helps. So, should be fine, just stay tight, don't panic.
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