Support and Resistance Levels for Valeant Following a Big Rally
VRX shares popped on Tuesday gapping up through $12.00 and rallying toward $14.00. Support has moved up toward $13.65 the top of a breakaway gap. The rally was contained, however, by resistance in the $14.70 to $15.00 area. Should the shares manage to break out again, next resistance may appear near $16.00 or $17.00 both prior support or resistance levels.
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