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Bullboard - Stock Discussion Forum VALEANT PHARMACEUTICALS INTL INC T.VRX

"Valeant Pharmaceuticals is a global specialty pharmaceutical firm with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The firm also has a branded generics business that operates primarily in Latin America, Eastern Europe, and Asia."

TSX:VRX - Post Discussion

VALEANT PHARMACEUTICALS INTL INC > Chart says VRX Formed a "Flag" Bullish Pattern.
View:
Post by FerrariPalmbeac on Jun 30, 2017 1:24pm

Chart says VRX Formed a "Flag" Bullish Pattern.

This "Flag" Pattern is expected to make a Bullish move of 40% . Support 12.46 and a Resistance level of 17.44. IMO
Comment by Joe454 on Jul 01, 2017 9:16am
This post has been removed in accordance with Community Policy
Comment by Joe454 on Jul 01, 2017 11:05am
This post has been removed in accordance with Community Policy
Comment by FerrariPalmbeac on Jul 01, 2017 10:49am
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant is called a bullish pennant, in ...more