Quipt Home Medical Corp T.QIPT

Technicals (MY CHARTS AND MEASUREMENTS)

[Trademark11]

1. Diamond Consolidation Pattern (13 Jan/21- 22Mar/21)

                         Breakout DCP: $2.01 CAD PTQ, $1.61 USD PTQQF
                         
                          Target DCP : $2.75-$2.82 CAD PTQ, 

2. Ascending Triangle (4 Mar/21; apex 01 Apr/21) 
               
                         Breakout:  $2.07 CAD  PTQ ;  $1.68 USD for PTQQF. 
                         
                         Target:       $2.30-2.35 CAD PTQ,  $1.85-$1.90 USD PTQQF

3. Trendline Support: 
           6 touches of lower trendline of channel started March 19, 2020 (PTQ,PTQQF)

               Channel CAGR (slope) :  182%

               Intra-Channel CAGR (1 year) :  600%

DO YOUR OWN DD, THESE ARE MY MEASUREMENTS ONLY; VERY HEAVILY INVESTED

[MohamadJ5]

good info

[Trademark11]

  As per previous post (below), I believe the stock has broken out of both a Diamond Consolidation Pattern (PT: $1.82) and an Ascending Triangle Pattern (PT: $1.35  Acheived) Presently,  two patterns forming: 1.  Cup with a Handle:       START:10 Feb LOW: 5 Mar              PT $3.05-$310          

[Tropicalsun]

Good post on the technical side, thanks for sharing. GLTA

[besttobe]

Trademark wrote "However, if it breaks downward from the pennant the PT would be $2.10-$2.15. " I think this is more likely the case short term. Too Many shorts/warrants.  The stock needs news of good new aquisition to breakout.  Toss a coin.  Even if it does start to breakout, the warrant/shorts will drag it back down. The best thing to do, is to stay cash and let it

[Hoover69]

Very astute call by B2B here.   He will likely profit off this one in the coming days/weeks.

[besttobe]

Hoover wrote "Very astute call by B2B here.  He will likely profit off this one in the coming days/weeks." Well thank you Hoover and no hard feelings. 

[gibbonsj]

Trademark11 has presented some interesting technicals. The challenge is to use that info to get a leg up on the next moves/months. It comes down to identifying downside influences and weighing them against upside catalysts. The probability of one event happening over another. Factored into that might be, among other things, IR's role, options and performance along side PTQ's possible