gamer456148

ALGN: $307 Target Short than Expected Crash

Short
NASDAQ:ALGN   Align Technology, Inc.
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let us get into my insights. Lots of investors are putting strong sell calls on ALGN as analysts, but many people don't seem to understand that this primarily focused on long positions. ALGN is expected to be bearish if the Covid19 hit continues, but this isn't until after many weeks from now. A surge in demand is about to happen soon as dental offices will start opening. Right now, my expected target is that ALGN will climb up and soon cross the $300 price hold likely hitting $307. Afterwards, it is about to reach the resistance curve and will start having a negative correlation, possibly a steep one all the way to the price point of $182. It is a very volatile, stable growth stock w/ a high beta.

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