First post, so please give me feedback! Looks to me like SDC is bouncing up an ascending parallel channel with earnings coming up in a couple days. This is a company that seems to get a lot of press and attention online from consumers, last quarterly earning beat resulted in a bounce up, and Q4 2020 might have been the perfect time for people to get their at-home dental work taken care of. Annual revenue has increased steadily the last 3 or 4 years. Balance sheet/stats seem OK for growth company?
This is not financial advice and I could be completely wrong.
This is not financial advice and I could be completely wrong.
Comment:
Broke bottom of channel. Might retest support at ~$8.75 (also gap fill from around 2/26)