Replies to post #4978 on Bausch Health Companies Inc (BHC)

[Zilla]

BHC hit the 200DMA of 7.82 and went up to 8 currently 7.95
50DMA 7.70
ER on Thursday 2/22/24
BLCO @ 14 but went down to new 13.80 52 week low...
With 3 weeks before ER I'd expect a dip down to slow the Golden Cross from forming but maybe it still happens before ER. Maybe it also doesn't move the stock. Maybe we get a POP before ER and a drop after ER....There covered all the bases. lol ;-)
Doesn't matter as it's all gambling IMO as the market has been manipulated with no evictions, printed money, cash given out, FED not wanting to disturb political cycles and who knows what else...Musical Chairs but when the music stops there's a lot less chairs than thought.