$TELE Telecure Technologies shares look to be slowing their descent as we see a swing higher than previous lows along the current bearish trend.
$TELE's acquisition of CCMS is exactly the kind of thing I’m hoping to see more of in the coming weeks and months. If they can continue to grow their client base and increase dependency on their technologies like CallingDr, I think Telecure could really secure its market share in the telemedicine industry.
As the telemedicine market continues to grow in the US (expected to reach $175.5 billion by 2026), I’ll be watching for more announcements from $TELE regarding acquisitions and agreements to license their solutions to practitioners and enterprises.
$TELE.CN is currently trading at $.35 up 6% on the day.