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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 > price action & volume
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Post by speedy99 on Jan 31, 2022 11:47am

price action & volume

Good action all round.  Glad I picked up a few more shares at the market open.  I wonder what it will take for the doubters who sold with the intention of getting back in at some point.  The problem with that approach is that it is essentially market timing, which is next to impossible to achieve.  And psychologically, its difficult, esp. if someone sold, say, below $4.00 to say, gee now the trend has changed, I guess I better get back in.  Or to say, well I need more confirmation that the tide has turned, and then by the time that confirmation is there the share price is back to where it was sold.  That's why the best approach, in my view, is to hang on throughout the roller coaster ride which is inevitable with a young growing company like WELL.  Using the roller coaster analogy, there are those who ride a roller coast screaming all the way down, we are gonna die, etc. and others who enjoy the ride for what it is, with some confidence of the outcome.  It will be great to be back above $5.00 and from there we will move quickly.
Comment by BudFoxx2020 on Feb 01, 2022 9:11am
The volume has definitely been great the last few days.  Support is there at $4.  But your theory does not make any sense at all.  What about some one like me that sold at average $7+.  How does that apply to me.  Lol.  You can see from the chart that there is solid support at the $4 and $4.20 range, that there is a bottom being created.  That is one of the ...more  
Comment by HotDiggityDogg on Feb 01, 2022 9:40am
Not only did I sell half of my position at 6$, I bought ARX and SU with the money on the same day. Been scaling back into WELL in low 4's and bought Lightspeed yesterday.   
Comment by speedy99 on Feb 01, 2022 10:18am
Good luck with that.  You have made some money on both ARX and SU i suspect.  Although they may be reasonable bets going forward, too risky for me.  As from my posted article TDOC is approaching Cathie Wood's largest holding, and it has been beaten up beyond reason, and will likely get a bounce back, not to $300.00, but probably to $120 or so.  And the oil stocks have all ...more  
Comment by HotDiggityDogg on Feb 01, 2022 10:31am
Hahah. Good points Speedy. On the Oils I'm up about 25% on ARX and 14% on SU. I have a stoploss for both of them. I have come to the conclusion that Bots and Algos are way too fast and anything can happy with literally any stock these days. That does NOT mean I am a shorter or don't like any specific stock. Just trying to be a bit cautious. I think WELL will rock in the second half of the ...more  
Comment by BudFoxx2020 on Feb 02, 2022 9:03am
Just like I said.  Google crushed their earnings.  Lets just say I won't brag about my other trades and holdings.  What does that have to do with WELL, it should keep the market rally going.  I still got my traders at $4.50 and will be watching the $5 - $5.20 resistance, if I see an opportunity to make another quick trade, of course I will take it.    I see ...more  
Comment by speedy99 on Feb 02, 2022 9:12am
Warren Buffett:  “No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant.”
Comment by Noshortsallowed on Feb 02, 2022 9:27am
You are a day trader and you pretend to be an investor and suggest investors should move their money around like day traders which is a recipe for disaster (like selling below 4 which you implied was a good idea given your comments on where WELL was headed in your opinion). You are a fraud and a liar and you probably have multiple accounts like hotdiggity that compliments you so much you don't ...more  
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