Stock Idea: $SHCR (27 Jan 2023)$SHCR - Holding above pivot of multi-month base - Two inside-day bars in a row - Young stock, IPO-ed 2020Longby TheHermitTrader_0
Long the Sharecare $SHCRSharecare is setting up for a nice bullish swing. The facts: TP1: $5.64: TP2: $6.55; Look to re-enter if resistance (purple line) is breached. Trading at ~2x 2022E revenue. Broadening wedge pattern. Bullish divergence on the daily RSI/MACD. Fibonacci retracement seems to favor and respect the 3.272 as seen from the August 17th, 2021 low. Longby SirGoochUpdated 111
$SHCR Aggressive Upside $21, Conservative $16 As earnings approach, expect HV as avg closes in near trend line. 3 weeks ago exited crossover. Trendline consistent w/ Pitchfork setting resistance, pivot and support for upside. Longby mrtnquint112