Valeant Pharmaceuticals Intl Inc (NYSE:VRX) likely broke out today. Recently, it has turned the corner, making higher lows and higher highs. This is extremely bullish price action The stock is flagging in one of the most perfect bull flags you will ever see. The low today (which tagged the daily 50 moving average) and reversal to the upside could be the start of the big breakout to a new higher high. Big investors have been accumulating for long periods as this turn around story takes hold. Upside target is $35.00+.

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By Pro-Trader

Markus Teller