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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > very strange today
View:
Post by richardtrader on Sep 14, 2016 12:53pm

very strange today

with 

Low volume

not much buying

not much selling

holding POSITIVE (Green)

and looks like a double bottom I've not seen for awhile

wonder if this gets halted before news

and screws everyone outta makin some bacon

Comment by YOLO77 on Sep 14, 2016 1:10pm
This post has been removed in accordance with Community Policy
Comment by PROtrading on Sep 14, 2016 1:27pm
This is simply the oversold condition getting corrected.  AKA "Dead Cat Bounce" Don't look at RSI for this, look at W%R, just corrected back to -80. This ladies and gentlemen might be the best time to sell if you own, or short sell if you don't.  Getting ready to take a short position.  And just to be clear to all the fudge packers here, my position is a " ...more  
Comment by Lumberfeverlong on Sep 14, 2016 1:43pm
This is looking very positive. This is not a dead cat bounce given high volume. Deal just around the corner imho  quote=richardtrader]with  Low volume not much buying not much selling holding POSITIVE (Green) and looks like a double bottom I've not seen for awhile wonder if this gets halted before news and screws everyone outta makin some bacon [/quote]
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