Hey guys, BAUSCH HEALTH COMPANIES is in a bullish configuration with a hammer candle shape and past buy volume return. Looking at the TIMEFRAME M1 we see a kind of hammer candle with a large volume of purchases traded, it has come to test the lowest bollinger. And start again on its highest which is the test of the consolidation zone. There is a good chance of...
After being downtrending for the last couple of years and market putting in a bottom. See this stock going up much higher and expecting some news about their product on Lucentis biosimilar
8 out of 10
Entry level $29.15, if market regains some strength
target price $35.50 = Stop loss $27.50
Golden cross is a very reliable buy signal and alerts new investors.
Stock has also been highlighted by ZAckz as atop value to stock to buy.
Average analysts price target $ 31 | Overweight
Short interest 3.4%
Bausch Health Cos., Inc. engages in the...
Elliott Wave View in Bausch Health (BHC) suggests the rally from June 4 low (20.28) unfolded as a 5 waves impulse Elliott Wave structure. Up from 20.28, wave (1) ended at 21.9 and wave (2) pullback ended at 20.8. The stock then resumes the rally higher in wave (3) towards 25.85, and wave (4) pullback ended at 24.61. Finally, the stock ended wave (5) of ((1)) at...