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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 > Re: Bullish or Bearish (VRX is stuck in the range)
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Post by MNK3240 on Jul 11, 2017 12:33pm

Re: Bullish or Bearish (VRX is stuck in the range)

Whatever the trend is Valeant seems to be stuck in the same price range last couple of weeks! What does it say (any of our Pro friends)?
Comment by FerrariPalmbeac on Jul 12, 2017 9:33am
VRX NEEDS TO CONSOLIDATE HERE FOR A WHILE TO EXTEND THE BULLISH "FLAG" . IMO
Comment by MNK3240 on Jul 12, 2017 1:22pm
That's a good observation. Based on the recent past trend (particularly the downward), when the price is stuck in a short range for a while, people are scared to hang on assuming it might go down big time again. May be pros are the exceptions. Thanks for the comment though!