Perrigo: Still Languishing But Short-Term Trend Offers Encouragement

Jan. 18, 2023 9:33 AM ETPerrigo Company plc (PRGO)
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  • Shares of the health company have had an excellent four weeks.
  • However, a thick wall of overhead resistance from a sustained pattern of lower highs is on the technical chart.
  • Management looking for the HRA deal & supply chain improvements to offset headwinds.
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We wrote about Perrigo Company plc (NYSE:PRGO) in April last year when we were hopeful that the healthcare company could finally break out of its multi-year consolidation zone. Fast forward 9 months later and

Perrigo Intermediate Chart

Perrigo Technical Chart (

Perrigo Strategic Initiatives & Pricing Actions

Perrigo Strategic Initiatives (Company Presentation)


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This article was written by

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https://individualtrader.netMy name is Jack Foley and I primarily write and research investment commentary as well as trade the markets. I'm Irish but live in Madrid, Spain with my beautiful wife and 2 children. I believe to be successful at this game, one has to have real passion for the markets and be constantly reading and researching material. From fundamentals analysis to technical analysis, options or futures, income or capital gain, long term trading or day trading, there is something for everyone in the markets depending on one's respective goals. "Starting with the end in mind" is a great mindset to start your investment career with respect to ascertaining exactly what you want to get out of the markets. Write down what you want and how quickly you want it. Therefore depending on the capital you are starting out with, you will then know what levels of risk you need to take. Whatever doubt or query you may have, I'm here to help. Shoot me an email in the contact tab and I'll come back to you as soon as possible

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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