NYSE:VRX VALEANT PHARMACEUTICALS INTL I
I will admit it, I love to buy and sell shares of Valeant Pharmaceuticals Intl Inc (NYSE:VRX). It always intrigues me to dabble in a where there is so much gray area on valuation. Some of my biggest gains have come from this. Anyways, I am loading a buy order on Valeant Pharmaceuticals for when it breaks the trend line shown in the chart below. Right now it appears to be around the $22.25 level. The key is, the must close the day above this point. When it does, BOOM! The has huge upside to a potential target of $32.00. This is almost a 50% move on the and it should occur in a relatively short amount of time. chart breakouts are one of the most amazing things to watch. The can go from dormant to parabolic within a day. I will keep you posted, but stay tuned and signup free to Verified Investing to get all my live trades with exact entry price, stops and targets.