TRADOMICS_

VRX toward the first TP

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NYSE:VRX   None
VRX yesterday has reached the first TP around 24.3/24.5 according to what happened some years ago. I expect some resistence here. if such hurdle will be step over, I expect another resistence at 26/27. This because some investors will take profit from the rally began in November: From 11 dollars to 19 (the neckline) 8 dollars of difference. 8+19= 27. Third TP is around 32/33 dollars. In the meantime Valeant will present at JP Morgan healthcare conference on the 10 jan, whilst fresch data on bussiness activity will be rolled out on 22 of febraury.

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