Viemed Healthcare Inc VMD

Scotty

[Trytobelong]

I invest since a long time with fundamental and TA, but Fibonnaci is really new for me... If we have a retracement (it seems to), the first level should be aroiund 8,82 $ ???

Thanks

[Scotty19]

Yes that's correct but rarely do you see a 23.6% retracement. You also have to look at the Slow Stochastic and the MACD (see if it crosses ). If the Stochastic gets to the bottom and the MACD blue line stays above the red then it should go back up. All stocks need to take a breather before they continue in the direction they were headed. Retracements are natural and if you can follow them with

[Trytobelong]

Thanks again Scotty and have a good day !