SDC reported a loss of 23 cents for Q3, wider than the year-ago loss of 11 cents.
Zacks Consensus Estimate was a loss of 15 cents.
52 Week Range 3.90 - 16.08
Do i need to mention that SDC is trending in the top 5 stocks of WallStreetBets?!
And that it has 10K calls this week?!
And that 32.74% is shorted?!
Looking forward to read your opinion.
My short term...
Could be a nice breakout on volume here and a potential backtest of the trendline.
weekly breakdown @ 6.86. weekly close above that would open the door to move higher
SmileDirectClub Inc gained Thursday morning, with the stock rising 1.60% in pre-market trading to 6.36.
SDC's short-term technical score of 14 indicates that the stock has traded less bullishly over the last month than 86% of stocks on the market. In the Medical Devices industry, which ranks 118 out of 146 industries.
SmileDirectClub Inc ranks higher than 23% of...
32.82% OF FLOAT SHORTED.
Bullish on option calls.
Average Volume: 11,003,726! High!
One of the top mentions on Reddit!
52 Week Range 4.63 - 16.08. close to the all time low now!
My price target is the 8.7 resistance.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
Smile Direct Club is a heavily shorted stock and in the top 15 highest shorted stocks in the market. (highshortinterest.com)
It's safe to scale in near the blue trend line with a high risk/reward ratio. Fib 0.618 will act as next resistance and with momentum 0.786 max. since the avg squeeze is 55-60%, so take profits accordingly, instead of hoping for more. Going...
Another short-squeeze candidate that is clearly showing signs of upward trend.
BUY signal with 9 confirmations (including the 3 white soldiers).
Happy Trading, from CJ -- aka the greatest FURU.
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile.
Watching this one very closely over the last few weeks. Moving perfectly in-between support and resistance of the symmetrical triangle and recently settling on the 0.5 fib retracement as a resistance.
Looking for a break out of the triangle to open a position, long or short?
Long Target - 12.39
Short Target - 6.02
Possible cup and handle pattern forming here. Major support ($6.18), Major resistance ($7.76) and break above (8.00) psychological resistance for retracement to gap fill territory ($9.20).
Alex Vieira downgraded Smile Direct Club to Junk on IPO $19.6 referring to it as a SCAM. His opinion was made public worldwide on IPO
Wall Street raised price target to $31
