Andlauer Healthcare Group’s Price Action is Bullish: Technically Speaking by Dwight Galusha

The stock price movement of Andlauer Healthcare Group Inc. (TSX:AND) suggests a continuation of the uptrend

Dwight Galusha | July 14, 2021 | SmallCapPower: Andlauer Healthcare Group Inc. (TSX:AND) is starting to push higher from a giant falling wedge continuation pattern and above a major horizontal volume by price resistance line. This price action is bullish and suggests a continuation of the uptrend.

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Andlauer Healthcare Group is a supply chain management company that offers a platform of customized third-party logistics (3PL) and specialized transportation solutions for the healthcare sector.

The Company’s 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada.

Andlauer Healthcare Group’s specialized transportation services, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients’ healthcare transportation needs.

During its most recently reported quarter (Q1 2021), the company saw its revenue rise 17% to $95.8 million while its net income surged 42% to $11.6 million.

Dwight Galusha is a Chartered Market Technician (CMT) whose work can be found at www.SetYourStop.com

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