IvanLabrie

VRX: Interesting long setup

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IvanLabrie Diupdate   
NYSE:VRX   None
VRX is offering a good buy opportunity for next week, after taking off from a sizeable accumulation base.
We can buy signs of strength (a new high, or the day turning up above the previous close).
We can also look into buying on retracement to support at 34.92. Keep stops below 33.35 and if we open with a considerable gap up, cancel the orders and stand aside.

Targets on chart: 43.46 and 50.81.

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Cheers,

Ivan Labrie.
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