VRX downtrend broken but still weak

Valeant after weeks of downtrend finally broken some days ago is still weak. MA 50 and MA 200 are about to be crossed over (sign of weakness). The major trendline is located at 13.20 roughly. It is possibe a period of trading range movement between 17.2 and 14.97. An unpside would be possible after that threshold but before the new data on Q1 2018 I see it hard.