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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Technical Analysis
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Post by fdfd12 on Apr 09, 2016 1:10pm

Technical Analysis

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.
Comment by FullReversal on Apr 09, 2016 2:12pm
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 ...more  
Comment by fdfd12 on Apr 09, 2016 8:17pm
FullReversal, 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
Comment by FullReversal on Apr 09, 2016 10:48pm
Please accept my apologies!  I'm not that familiar with the members here.  I read you wrong. I thought you were somehow connected for the vegetable team working this stock.
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