Replies to post #5044 on Bausch Health Companies Inc (BHC)

[Zilla]

That would be GREAT. My calls are all in 2025 just in case it takes longer. I think ER's for both BHC and BLCO will look good but the chart looks weak heading into the next two weeks. I could see them taking it down close to 6 but that would be a HUGE Inverse Head and Shoulders pattern right before ER and we've got BLCO morning of 30th and BHC after market closes 30th so that's a first. I've got some dry powder in case they try to take it down but a great ER or positive news on BLCO sale or spin with Jefferies refi and we'll be right back up and heading higher. Setting up a future Gold Cross. So a new 52 week high is possible (11.46)
200DMA 7.64
50DMA 6.71 and climbing.
However I expect a pull back before taking off and hopefully leaving single digits behind for good. We shall see. :-D