Concordia Healthcare Corp. T.CXR.R

re: correction short-lived?

[Carlos66]

Stoch. bottomed, but no turn up yet.
RSI flat at 40
CCI still falling
SP almost touching 50 day.
Sell in May is here?  especially in healthcare & biotech.

CXR seems to be slowing its decline. Maybe CXR will be a leading indicator..to the upside?

carlos

[NotFreddie]

I wouldn't be too quick to reduce your position, especially with CXR. Why??? Well on May 14 it's expected that they'll be announcing better than expected profits.

[Ducksoup000001]

I see that CXR will be a good reference for the capital flow in and out of the Healthcare sector. VRX is turning up but I doubt the sustainability throughout this summer. There is no commitment of major capital to the market just in and out between sectors for a quick buck. July could see a short-lived rally when 2nd quarter results come out. Until then sell in May is there to stay. Foe a lot of