Friday, November 20, 2015

Valeant Pharmaceuticals Intl Inc (NYSE:VRX)

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) finished the day up 15.6% on solid volume of over 23 million of shares exchanging hands on the day. With no resistance between $87 and the 20-day EMA a break above the $87 level can see the stock trade in the $90 area pretty soon. Momentum indicators are slightly bullish now with RSI inching away above the 30% level. Have this on your watchlist.

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