Post by
Trademark11 on May 27, 2021 5:35am
Expect Volatility to skyrocket
QIPT has been consolidating since 5 Feb '21 and presently is sitting in the middle of the range. It is threatening both double top (bearish) and double bottom (bullish) patterns (PT $5.10-$5.40, and $12.80-$13.30 respectively....huge difference), and mutiple mildly defined triangle patterns.
Fully expecting the more aggressive "wolves" on the NASDAQ to push the sp around past the bearish pivot points, the most important being $7.40 CDN for support. Fundamentals support break upwards.....we shall see. Now a small, rapidly growing fish in a bigger pond
Tighten your seatbelt. Suspecting the volatility over the next few weeks will make the last months look like child's play
Do your own DD, very heavily invested, active trader
Comment by
EStreet on May 27, 2021 10:19am
Not exactly great guns, so far anyway,,!!
Comment by
Tropicalsun on May 27, 2021 11:02am
Nor did I expect it to be, business as usual approach. Next we have Q2 results on Tuesday, then assuming their should be some acquisition news in the not to distant future. Beside's guys we all knew that the SP can't move up until that Jackazzzz B2B posts that he bought back in. LOL, GLTA
Comment by
SGGold on May 27, 2021 11:04am
You can only laugh. We'll probably all end up taking a haircut on this. Been in this stock for many years... the behaviour of the share price is beyond odd. IMO
Comment by
gibbonsj on May 27, 2021 11:23am
Actually it's now trading pretty much like VMD has been. Big spreads low volume which is a product of small public floats. Over time the correct sp is reached.
Comment by
checkup on May 27, 2021 12:26pm
This post has been removed in accordance with Community Policy
Comment by
Peanuts3 on May 27, 2021 6:17pm
I follow VMD and QIPT since few weeks, and I noticed that Besttobe wants create some fears after selling those shares... and continue posting on both companies... Not very honest !