Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at NYSE:SNDA ...
I believe this code is at a point of potential volatility.
If price can hold above $11.91 ... Bullish potential may be unlocked.
My key upside targets include:
- $14.42 (Conservative)
- $17.26 (Medium)
- $22.53 (Aggressive)
...
Price is currently within a large falling wedge
I expect a double bottom to form and price to rise, as shown with the bars pattern in green.
This is a breakout from the falling wedge. A strong bullish pattern.
Sonida Senior Living, Inc. develops, owns, operates, and manages senior housing communities in the United States. The company provides independent living services, which include daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, and dietary and...
