GDRX heading to <$20. From there should start reversal. Based on quarterly result may do some consolidation. Would take ~6-9 months to reclaim $40. If interested look out for an entry around ~$18.
The WAE hit the explosion line, you can see the other times it hit this line and what happened. The Vortex5 Seems to be curling up. The RSI7 is curling up.
GoodRx Holdings, Inc. (GDRX) Sector: Technology Services (Internet Software/Services) Current Price: $43.97 Breakout price trigger: $45.40 Buy Zone (Top/Bottom Range): $42.60-$37.40 Price Target: $49.00-$50.00 (1st), $55.00-$56.00 (2nd) Estimated Duration to Target: 23-25d (1st), 72-76d (2nd) Contract of Interest: $GDRX 11/19/21 45c, $GDRX 12/17/21 50c Trade...
lets go watch em pump it watch em sell it off at earnings
Loving the setup I am seeing right now for potential short and long positions on GDRX coming into key support market structure around 36.84. Here is my thinking: Strong downtrend since Feb. 11 Downtrend broken with move on March 09/10 Key range resistance established at 43.50 (formerly support) Retracement move to recent and historical support level...
GDRX just completed a .618 W2 retracement and I believe it's in the process of W3, targeting its previous ATH. Could soon break out of the wedge pattern that's been forming since IPO. - AVWAP. Closed above some interesting points - from all time high, low from Amazon news, and recent swing high/low. - Dark Pool. @soumyazen from Twitter has mentioned that GDRX...
Goodrx is in the cloud software healthcare sector. Nice looking bullish pennant (lower highs , higher lows) on daily with over 28% short interest. Finviz has a $48 price target. Microsoft has earnings next week, so they should push all SaaS/Cloud stocks next week. Good luck!
Not much history on this stock but with more potential lockdowns telemedicine seems like a buy to me. Testing my luck on this one. We have to at least bounce off support If it reaches $49-50 then we would have a cup and handle and target of $60-65 is possible. However, nothing on this chart screams BUY to me. Sometimes you have to make dumb decisions to get dumb...
GoodRX IPO’ed on September 23, 2020, and GoodRX NASDAQ:GDRX stock had a good performance for an IPO for about 2 months. It was a solid $51.50 per share stock. Then news broke on November 17th about Amazon Pharmacy. I believe investors didn’t really understand what the Amazon Pharmacy news was actually telling us. More on that in a minute. GoodRX gapped down...
I was able to catch this guy at the bottom, this doesn't happen usually.