This is a simple setup- it feels like a 50% retracement from the recent high
1) the trend line was crossed
2) the moving average crossed below and has stayed there for a few days
Targeting a move to S1 ($27) - approx. a 15% move from today's close ($31)
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
Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
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...