CoryMitchell-CMT
Long

BHC.TO Recent Long Trigger

TSX:BHC   BAUSCH HEALTH COMPANIES INC
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BHC recently broke out of a consolidation after putting in a rounded bottom. This pattern has played out three times over the last year, moving about 20%+ over the former high. This trade takes advantage of that same pattern with a target just under 20% away from the entry and a reward:risk of about 3.5:1.

Disclosure: long
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