Concordia Healthcare Corp. T.CXR.R

Technically Speaking...

[sunshine7]

Looking for clues on cause and effect for CXR SP beyond the obvious tweets and VRX blow up. On the one year chart it looks like a giant double bottom each containing a capitulation event. Shorts have been building since Nov and (with the assistance of tweets and VRX) successfully cracked the first attempt at recovery. Now, the 20dma has flattened or slightly turning up. Should it cross the 50dma in the coming week, that would be very bullish. Not certain they will all stick around for the financials in a couple of weeks, but any attempt to cover shorts will certainly support the price albeit minimally at first. Most here expect the financials to fulfill expectations that debt is serviceable and revenues met or exceeded. Should that happen, SP will increase significantly as remaining shorts cover while institutions start buying and sellers remain scarce IMO. GLTA

[1nt2Trade]

I think you are right.  The TA chart is setting up for a pan handle breakout probably to the upside.  Since the general stock market crash in Jan CXR has not broken above $42 and has mostly traded within a range.  It looks to me like the sp will drift down again this week to the high $30's range then back up to the low $40's until pre earnings release.  I might sell

[FullReversal]

Sell some puts?  What an idiot!  Put this 2-bit SH trader on ignore people.  Tries to impress people with his really bad options trading. Guy is complete, utter, garbage.   Stock is good, but this guy will lose you money!

[FullReversal]

Oh and 1nt2trade, you forgot to change your alias to post here.   Do any of the regulars here know what this maggot CXR alias is?  That 1nt2trade alias is a BTE specific one along with his other joker ball d_trump. Pro multi-alias SH hustlers.  Watch your backs!   His trading capabilities sucks!  Spends too much time on the boards and doesn't know how to read the

[sunshine7]

says the guys who has been a SH member since.... yesterday!

[Simulacra]

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