CXR, Concordia again

cxr oct 17 2016

A month ago at about $7 this looked like a reasonable buy. It was not, but today, once again it may well be. It is now possible to put a reasonable credible count on this stock (slightly different from the previous one). It contains a rather clear 4th wave triangle and that adds a lot to the credibility. The RSI and MACD are also supporting a move up soon, perhaps after one more down day.