VALEANT PHARMA INTL (VRX.TO) TSX - Jan 31, 2013 (SIA Daily Stock Report)

SIA Charts Daily Stock Report (siacharts.com)

The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.

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VALEANT PHARMA INTL (VRX.TO) TSX - Jan 31, 2013

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

VALEANT PHARMA INTL (VRX.TO) TSX - Jan 31, 2013 - Valeant Pharma (VRX.TO) is found in the #2 position of the SIA S&P TSX Report. Some near-term resistance could be found at the $70 level with resistance above found at $77.28. To the downside, support Is found at $60.94 and $58.57.

*** Since entering the Favored zone in Nov of 2011.VRX.TO is up 47% and is up 12% in 2013 so far.

844_4_20130130_309541_0_0_78905

November 4, 2011 - With the announcement of a stock buyback and impressive earnings, Valeant Pharma (VRX.TO) has popped back in to the Favored Zone of the SIA S&P TSX 60 Report. Now approaching resistance at $46.12, a break above that sees the next potential target at $54.04, the prior high from earlier this year. To the downside, support is at $40.95 and again at $35.65, the low from last month.

309541_NORMAL_20111104_200_1_NFC_844_844

January 30, 2013 - Valeant Pharma (VRX.TO) is found in the #2 position of the SIA S&P TSX Report. Some near-term resistance could be found at the $70 level with resistance above found at $77.28. To the downside, support Is found at $60.94 and $58.57.

844_1_20130130_309541_0_0_3300096

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