Replies to post #4973 on Bausch Health Companies Inc (BHC)

[Zilla]

Well Both did rise today...
BHC 8.33 close and hit 8.42 at one point
BLCO 14.54 and hit 14.67
IT HAS BEGUN....Mortal Kombat....

[Zilla]

200DMA 7.82
50DMA 7.67
BHC 8.15
BLCO 14.36
Been expecting a dip down to test the DMA's but haven't gotten it as of yet. Still got .15 before that Golden Cross happens. It could even test 7 with where BLCO was the other day but if the ER is good and if court goes in favor of BHC (expected) then the 'weekly' chart 200DMA is 16.57 and that becomes possible if both stocks have better than expected earnings and good news on spin/court. That's a LOT of if's and it would probably take half the year to get there with pops and drops along the way...