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

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > technically, SP is bearish
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Post by mingzhu on Sep 27, 2016 10:27am

technically, SP is bearish

If it breaks $4.45 today, we may see $1.42. Well, it becomes really interesting. To reach that point, either there is a fraud we do not know, or it can not pay the ventors.
Comment by PROtrading on Sep 27, 2016 11:03am
From a TA perspective, this thing is at the edge of the abyss.  Any wind coming say from the press, or court appearances next week would push this over and it's going to be one of these massive selloffs. Bottom fishing buddies are perched over their boats trying to catch this one ignoring the tides and roar of the tsumani {^youtubevideo|(width)425|(height)264|(rel)False|(url)https://www ...more  
Comment by patenright11 on Sep 27, 2016 11:50am
This post has been removed in accordance with Community Policy
Comment by Craigbad on Sep 27, 2016 11:57am
Technical target is actually $1-3. You'll get all kinds of people on here pumping and dumping for a few cents, only to try and buy in cheaper and do it again later.
Comment by Lemerson on Sep 27, 2016 12:09pm
According to recognia there is no technical target of $1-$3
Comment by GenericAdvocate on Sep 27, 2016 11:31am
mingzhu wrote: If it breaks $4.45 today, we may see $1.42. Well, it becomes really interesting. To reach that point, either there is a fraud we do not know, or it can not pay the ventors. Or BOTH.
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