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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

Post by Trademark11on Oct 06, 2021 5:10am
227 Views
Post# 33972247

Weekly chart imminent breakout

Weekly chart imminent breakoutOn the weekly chart (close), a close on Friday above yesterday's sp will represent a bullish breakout from the diamond consolidation pattern of the last 5 months.  QIPT, as usual, is a stock that performing like a spring with too much coil compression.  Further comfirmation that it is just a matter of time before pure momentum performance will wake investors up, and volumes improve.  

Isn't it interesting that in the last 3 minutes yesterday of trading the sp fell from 7.92 to 7.76.  Someone is trying their best to continue to suppress the stock, but I doubt this will happen for much longer.  Stock is almost at the apex of the diamond on both weekly and daily charts.  This has too much fundmental momentum to fail technically IMO....proof will be in the pudding.

I would not want to be out of this name for the next 8 weeks at least...
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