Endo International (NASDAQ:ENDP) Nearing Major Buy Level

Endo International (NASDAQ:ENDP) has crashed from a high of near $100 in 2015 to a low of $13.63 today. The stock is a pharma play that is tied into the same sector as $VRX. With tons of scrutiny, this sector has been crushed.

 

Ultimately, everything bounces at some point and $ENDP is nearing major monthly support in a very oversold condition. Look for major support between $12-$13/share. Note the chart below…

 

(for live/detailed swing trading entry and exits on stocks click here/view the documented track record)

 

– – –

Gareth Soloway

Chief Market Strategist
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: