The lowest price ever is 3.64, breaking below this level is less likely!
SDC has a high short interest of 27.2% which needs +3 days to cover!
It could be a good target for a short squeeze before December 17, 2021, after it finds a support level.
closing long position could be a good idea if we see it closes below 3.64 in the coming days!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
SDC has a high short interest of 27.2% which needs +3 days to cover!
It could be a good target for a short squeeze before December 17, 2021, after it finds a support level.
closing long position could be a good idea if we see it closes below 3.64 in the coming days!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.