Technical AnalysisScotty19, not sure if your still hangin around the Viemed board and pretty sure you said that you sold your shares awhile back. So I will understand if you do not wish to comment. By my own admittance I have never been much of a technical guy, pretty much look at financial numbers and growth strategy plans that prove themselves out over time.
What I have learned lately is that technical analysis doesn't factor in the news wire, in this case the recent acqusition news. A previous Beacon report stated that a $30 million dollar acqusition could add $2.00 to the SP and here we are pretty much. I for one am quite surprised at this latest move, based on low trading volume and the fact that the deal isn't closed yet. ( LongTerm3 will ground me again for saying that. LOL )
If you are so inclined, what does this latest move point to from a technical perspective? Thanks in advance, GLTA.