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Bullboard - Stock Discussion Forum WELL Health Technologies Corp T.WELL

Alternate Symbol(s):  WHTCF | T.WELL.DB

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and... see more

TSX:WELL - Post Discussion

WELL Health Technologies Corp > Support Level...$4.20.
View:
Post by butchtennis on Jan 26, 2022 3:50pm

Support Level...$4.20.

There appears to be good support at $4.20...bounced off that level three or four times.
Comment by butchtennis on Jan 27, 2022 10:00am
I know I am like a broken record... reminder that we bounced again off the $4.20 mark... possibly the new bottom.
Comment by speedy99 on Jan 27, 2022 10:16am
I was thinking the same thing.  Overall conditions in the market are unpredictable, and there is still a possibility of a major downward correction.  There is always someone out there suggesting an 80 per cent market meltdown.  If that we to happen of course WELL would easily revisit $3 levels.  But I think most of the fears about interest rates already been discounted by the ...more  
Comment by butchtennis on Jan 27, 2022 10:54am
Speedy....if we go with the recent healthy financial update provided by Hamed and the company, we have on our hands a tremendous stock that could be seen as both a value and growth play. As well, the company is going to buy back shares, which clearly demonstrates to investors and the market that they feel grossly over-sold and undervalued. This is a perfect entry point for someone wanting to make ...more  
Comment by speedy99 on Jan 27, 2022 11:52am
Haha, there is rarely a "perfect" entry point.   Looks like volume has fallen off substantially today. I do think this will be a good year for WELL investors and I will be surprised if we do not return to our all time highs in 2022.
Comment by thelostarc on Jan 27, 2022 12:00pm
Right on @Speedy99! We are definitely in a great position to pick up other assets for lower valuations. Time to continue consolidating the primary healthcare sector. If you want an indication of how great 2022 will be for the company (not sure about the stock but for the underlying business), just have a look at all the jobs postings at Circle Medical or at the WELL holdco level! It's funny ...more  
Comment by BudFoxx2020 on Jan 27, 2022 3:37pm
Saw so many post on this.  Let some one that undestand the markets explain it.  Too many fools with rosy eyed glasses on.  You will never be able to convince this group no matter what.  They have no understanding of the markets, market factors, interest rate, tapering, downtrend, bear markets, etc.   They just hope and dream.  Anyways.  $4.20 is not support, ...more  
Comment by HotDiggityDogg on Jan 27, 2022 3:50pm
Very valid points Budd. It is always good to hear from someone who is not blindly pumping WELL. Fact is market is speaking and people/institutions are not lining up to buy WELL. Not at the moment anyway. My purchase of today has a stoploss of 3%. I too am worried that the management already showed all they could show before the Q4 numbers. Cheers. 
Comment by bandit69 on Jan 27, 2022 3:57pm
I agree with the full court press and the other related comments as I have already written about them.  I also agree this one will not sustain it's share price and air will slowly leak out of it like a tire with a slow leak.  I disagree with you regarding a general bear market, though.  Markets in general may not rise at the rates of the last year or so nor do I want them to ...more  
Comment by BudFoxx2020 on Jan 27, 2022 4:07pm
Wait for the first interest rate hike to hit.  Then there is 3 more.  Trust me, the markets are done in 2022.  Thats how it works, there has to be a crash.  We have been in a bull market since 2008.  Lets check back in March when the first interest rate hike hits.  Capish.
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