Replies to post #5055 on Bausch Health Companies Inc (BHC)

[Zilla]

BHC currently 7.31 and just hit the 50 DMA at 7.33 Been watch my other plays that I forgot to pay attention to this one. lol
BHC days range 7.18-7.33 and had broke below 7 early this week. I was expecting it to fill the gap down to 6.60 or so but this might go after 8.50 in the near term as we didn't even break 8 after the good earnings. Who knows and any debt refi could send BHC flying. Saw Walgreens got bought out and I've seen a few deals happen early in 2025 so maybe we still sell BLCO after the next ER.
200 DMA 7.25
50 DMA 7.33
20 DMA 7.16
BLCO 16.06
It's also possible another 'hit piece' comes out and takes us to 4 again too. lol