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Endo International Nearing Major Buy Level

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May 11, 2016 – Comments (0) | RELATED TICKERS: ENDP

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...

 

Chart: https://verifiedinvesting.com/uploads/files/ENDP05.11.2016.JPG 

 

Gareth Soloway

InTheMoneyStocks

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