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Valeant Pharmaceuticals Intl Inc (NYSE:VRX)


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#1 Costa

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Posted 16 November 2015 - 02:13 AM

Friday's price bar was a possible reversal bar. The stock made a new 52-week low during the session but closed the day with a nice gain of 2.22% , despite the market sell-off. This creates a bullish scenario for next week. Key daily technical indicators are displaying positive divergences and I think we could see a strong reversal over the coming sessions. Friday’s high of $76.30 is resistance for the next upside move. If the stock can break through this level, we should see a strong follow through move.

Stock Picks for Monday, November 16

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#2 dasein

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Posted 16 November 2015 - 04:12 PM

ive been looking at defense stocks for a while and i think if we see more like action like friday - and perhaps someone wants us to see more action like that - we should see defense do well... do you have any names that you like besides the usuals like LMT?
best,
klh