$SDC long targets FIRST target is 12 and then second is 15 Long

Description

⋅ Oct 9, 2021 11:56 PM

SDC on daily time frame holding above the 6.40 (probably acting as new support).
If we follow my fibs, there's a chance maybe by next year, SDC can be in the 10+ ranges.

Full Disclosure: I own 2641 shares of SDC avg 6.00.

SDC TARGETS STOP LOSS
TP1 12 10
TP2 15 12
TP3 20 17.65
TP4 25 22.35
TP5 36 32

There is a major confluence around 9 dollars.

Comments

appliedscience

⋅ Oct 15, 2021 3:18 AM

its struggling to hit 6$ this week. 2% loss today with a close of 5.73. I'm convened even a good quarterly will even get this past 6.50$

Tiffany_Chart_Swinger

⋅ Oct 15, 2021 1:03 PM

@appliedscience, we have to wait and see. im selling covered calls on it.

appliedscience

⋅ Oct 18, 2021 9:26 AM

@Tiffany_Chart_Swinger, now they just look like a bad investment. i feel stupid

dnvemon

⋅ Oct 19, 2021 11:34 PM

@appliedscience, please wait, and hedge your position by selling puts and calls while we wait for our targets. I know it sucks being down. I am same boat. SDC had a good day today if you were able to take advantage of that! If you are able to get out at 7.10, by all means please do so. Understand the market, you need to position yourself so you have some dry powder to play other things and not paying attention to your long term.

Good luck and God bless!