Quipt Home Medical Corp T.QIPT

Trademark...I think we hit bottom...No sell signal?

[besttobe]

Got a few shares today...and I think we will trade sideways here for awhile, as investors wait for "major" aquisition news. 

If they don't announce a "major"  aquisition soon though the selling could pick up again. IMO

So what do you think Trademark? Bottom?

[Trademark11]

Definitely "walked out" of the down trend and are consolidating horizontally presently.  Need to take out 7.50 tomorrow to officially end this rout

[besttobe]

Agree...

[Trademark11]

Looking for a double bottom tomorrow at 7.15 and then a break of 7.46 pivot. If it holds and takes that out we will possibly finish the week in the 8.00 area....but if it breaks, we will see 6,80-9-ish possibly.  Fact is however that if I can identify this fact,  then more -sophisticated traders have as well and will try to push it lower.  Other traders will watch and trim as

[HobbyDigger2]

Hi trademark11, like to agree. My chart shows next supports ~7 respectively 6,96, last support line shown is ~6,53 . But todays trades showing we should be back to normal way up. We´ll see what happens on friday. Good luck.