CoryMitchell-CMT

Potential Long Setup in VMD.TO

Long
TSX:VMD   VIEMED HEALTHCARE INC
Interesting setup here in a relatively new stock.

Pulled back from a strong trend.
Has popped out of the pullback, and another pop from this tight consolidation could send it up and away.

Beware of the low volume .
Reward:risk is quite good...assuming we can get a similar rally to what has happened prior.

Could also use a trailing stop loss, such ATR Stops.

Disclosure: no position yet, but on further strength will likely get long if volume is adequate.

Cory Mitchell, CMT
Stock and forex trading insights at https://tradethatswing.com/
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