Viemed Healthcare Inc VMD

On the Move UP

[figtrader]

Health care entering a period of seasonal strength
Look at the chart
Last year VMD more than doubled from end March to late June

[Trytobelong]

Agree ! Even in 2019, march till june were very good...

[Moemoney42]

I agree.. although I don't think we'll see a repeat of last years rally off the bottom we have been building a base for ~ 7 months now and the 60 & 90 day MA have turned up which tells me we're ready for a breakout any day to the upside for the next leg up.. I firmly believe we'll break that old high of $16.20 by the 3rd quarter 2021.. which would be a 33% gain from today's

[EStreet]

2020 was an aberration, March was the flash covid crash so any thing is up 200 % after that,,. This ones been stuck in an up down vortex for seven months, so hopefully a return to the 2019 trend line could easily put us back in the 16, 17 dollar range,,.

[Tropicalsun]

Everybody keeps reminding me these days that hope is not a plan, especially when it comes to investing, christ you even hear it on a Quest Trade TV commercial. These paid analyst's that do extensive DD on companies base their target prices on a wide range of business fundamentals. I certainly don't think clients are buying based on hope nor should they be, sorry Estreet nothing personal I

[EStreet]

Tropicalsun,,,,I use the word hope because we have always had the strong fundamentals and it doesn't seem to be going that way, although I agree " the trading of late appears to be more stable" just about scared to admit it especially when were up 4%, in the past that has not always been a good sign,,.  PS,,$16, $17 trendline is in line with the targets se we will

[gunzod]

meanwhile---Up she goes---Down she comes--just like clockwork.

[EStreet]

Not so fast, I few different tendancies lately,,. See if we get up over 13 and hold, thats often been the turning point,,!!

[gunzod]

 YUP !!!

[Moemoney42]

Broke through the 30 day MA today and short term averages are turning positive now.. good trading metrics going forward.. ;-)