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FRX support and resistance

|Includes: Forest Laboratories, Inc. (FRX)

FRX had a rough week last week. The down volume is cause for concern. I have indicated the resistance area and a shorter term support area. If it breaks down from here it could test the recent lows.

FRX broke the 28 support and is now at a second support level. The chart below shows what may be the next stop if FRX breaks down here.