quick idea:
While I am buried on the market overall right now, I am not bearish on everything. I do believe there are some gems that can be found that could be poised to rally even when the market is in a downturn. I think SDC may be one of these stocks. It is at the bottom of a channel it has strongly respected and no I won't get into it I have seen some interesting option activity.
I didn't bother to clean up the chart before this post but in terms of wave count this could possibly be a fourth wave completion and the fifth wave may have a topside target of ~$20 - This essentially means that SDC could potentially double from here. Cautiously bullish
While I am buried on the market overall right now, I am not bearish on everything. I do believe there are some gems that can be found that could be poised to rally even when the market is in a downturn. I think SDC may be one of these stocks. It is at the bottom of a channel it has strongly respected and no I won't get into it I have seen some interesting option activity.
I didn't bother to clean up the chart before this post but in terms of wave count this could possibly be a fourth wave completion and the fifth wave may have a topside target of ~$20 - This essentially means that SDC could potentially double from here. Cautiously bullish