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Valeant Pharmaceuticals Support

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I'm a buyer of call options in the gray ($9 - $7 per share)
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Watch for possible bottoming formation here. I think it's best to wait for signs of a reversal before buying in range. The risk could probably be improved if a strong base develops before buying.
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Strong rebound off zone. Could still hop on if not yet involved.

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Long
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There she goes. The reversal is in place.
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Up 100%. More room to run higher
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