Bullboard - Stock Discussion Forum Bausch Health Companies Inc T.BHC

Alternate Symbol(s): BHC

Healthcare

Bausch Health Companies Inc. is a global diversified pharmaceutical company. The Company develops, manufactures and markets, primarily in the therapeutic areas of gastroenterology (GI), hepatology, neurology and dermatology, and others, through Bausch + Lomb Corporation. Its Salix segment consists of sales in the United States of GI products. Its International segment consists of sales, with... see more

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TSX:BHC - Post Discussion

Bausch Health Companies Inc > ⚠️ CAUTION ⚠️

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Post by ChartBreaker82 on Nov 22, 2024 11:23am

⚠️ CAUTION ⚠️

The BHC stock is consolidating after a decline, having reached a support level. The critical level in the "Strong High" area will be key for a potential reversal or continuation of the downtrend.I am keeping an eye on BOLT.CN, which shows a steady upward trend supported by the trendline. The price faced resistance at 0.30 CAD and has started to move lower. The current support is located at 0.225 CAD, and the major resistance lies near 0.425 CAD ("Strong High").

I am ready to buy when the opportunity arises.