Time to Buy Vigil Health Solutions Inc After Today’s Gap Up?

 Time to Buy Vigil Health Solutions Inc After Today's Gap Up?

The stock of Vigil Health Solutions Inc (CVE:VGL) gapped up by $0.03 today and has $1.24 target or 106.00% above today’s $0.60 share price. The 9 months technical chart setup indicates low risk for the $9.80M company. The gap was reported on Nov, 2 by Barchart.com. If the $1.24 price target is reached, the company will be worth $10.39 million more.
Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 9.09% or $0.05 on November 2, hitting $0.6. About 36,000 shares traded hands or 391.07% up from the average. Vigil Health Solutions Inc (CVE:VGL) has risen 6.00% since October 3, 2016 and is uptrending. It has outperformed by 3.48% the S&P500.

More notable recent Vigil Health Solutions Inc (CVE:VGL) news were published by: Marketwired.com which released: “Vigil Health Solutions Inc. Launches New Website: www.vigil.com” on July 13, 2016, also Marketwired.com with their article: “Vigil Reports Record Quarterly Revenue and Earnings” published on August 16, 2016, Businesswire.com published: “Research and Markets: Nurse Call Systems (NCS) Market Analysis 2015-2020: Type …” on September 08, 2015. More interesting news about Vigil Health Solutions Inc (CVE:VGL) were released by: Quotes.Wsj.com and their article: “News Surgery Partners Inc.SGRY” published on September 26, 2015 as well as Digitaljournal.com‘s news article titled: “Nurse Call Systems Market to Cross US$ 1.8 Billion by 2021” with publication date: September 05, 2016.

Vigil Health Solutions Inc. is a Canada company, which is engaged in the development, marketing and distribution of a hardware and software solution for developing care plans and monitoring the aged and dementia sufferers in long-term care facilities. The company has a market cap of $9.80 million. The Firm develops and markets the Vigil Integrated Care Management System technology platform. It has a 22.23 P/E ratio. The Company’s technology platform combines software and hardware to provide solutions that guide care of and monitor residents living in senior living communities.

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