RE:RE:Technical AnalysisScotty19 wrote: Hello Tropicalsun, I am cautious in my investing and I am comfortable getting out where I set a target price. A bit of my history with PHM. I owned 1.2 million shares and went through the 5 for 1 and ended up with 220,000 phm and 22,000 vmd. I purchased another 10,000 vmd and sold along the way. I purchased Qipt when it was down around 5.15 and I bought back into vmd at 5.31. I sold qipt at 9.63 and I am out of both at the moment.
VMD did turn down after 55 weeks up from the bottom March 07/2022. I thought the retracement would have been longer than the 16 trading days and it did retest the closing price of 14.03 twice. I only recognize closing prices. It has strength since it went through 14.03.
Depending on what it does in the next week will determine if there's a lager retracement coming.
Scotty19, really appreciate you taking the time. With Q2 numbers a few weeks away, you never know how investors, traders and shorters will react. I still believe the realistic wild card would be a VA contract announcement, followed my another acquisition, small chance in my view of a buy out. Interesting times for both companies, Viemed and Quipt. GLTA.