Long

CXRXF Long Idea

Updated
CXRXF has been consolidating for a long time but now presents a low risk buy in. Notice the two trend lines, we are currently at the lower one. It could drop back 10% but I suspect even if it does, it will eventually drift towards the upper trend line. That's a nice 46% gain from here. Who knows, if it breaks the upper line it could really run.
Note
CXRXF notice that volume Yesterday, highest in some time. MACD crossing bullishly and crossing the zero line.
Chart PatternsCXRXFdrugsPHARMApharmaceuticalsTrend Analysis

Also on:

Disclaimer