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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Bullboard Posts
Post by ERTguyon Aug 31, 2017 2:43pm
255 Views
Post# 26643595

Technical bounce

Technical bounceNothing more nothing less.  0.315 was the time to buy and today was the time to sell.  I didn't execute this trade because I've been busy with other plays, however the price drop gapped down to the low 30s dipped below the lower bollinger band line on an oversold scenario.  Today's snap back was merely filling the gap back to 36 cents.  This is why it's important to understand the technical side in stocks so you don't make any poor buying decisions.  I think this continues to trend lower to at least retest 31 cent support.   
Bullboard Posts