Shares of Endo International (NASDAQ:ENDP) took a beating before staging a dramatic comeback in late trading. The stock traded as low as $12.68 in the early afternoon action before surging to the high of the day at $13.26. This big reversal puts in a bottoming tail on the daily stock chart. Bottoming tails are bullish reversal signals every investor should know. Assuming this bottoming tail holds, Endo International is expected to trade sharply higher now in the coming days/weeks. The near-term upside target is $17.75 (+35%). Investors should stop out of this swing trade on any daily close below today's low of $12.68.
Bullish stock chart buy signal on Endo International shares
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