$SDC LongSome unusual options activity came through today for SDC
They were hammering the 7.5 and 8 calls for 8/20, looks to be a bet that this is the bottom of this wedge and a earnings runup will happen soon
SDC
Smile Direct ClubSmile Direct Club is a heavily shorted stock and in the top 15 highest shorted stocks in the market. (highshortinterest.com)
It's safe to scale in near the blue trend line with a high risk/reward ratio. Fib 0.618 will act as next resistance and with momentum 0.786 max. since the avg squeeze is 55-60%, so take profits accordingly, instead of hoping for more. Going long SDC is also a good choice IMO, since it's expanding worldwide and the products have a a customer satisfaction ratio as well. If we close above the blue uptrend line on the weekly with a full candle, it's entering a new phase, which is more bullish and would probably scare away the shorts. Until then SDC needs to proof the market they are a key player in changing the way orthodontia works by offering full treatment of oral care with value for money.
SDC Inc. On its way to a 25% IncreaseThis stock has been respecting the Pitchfork lines for a while now, I expect the blue phase to be a good buying point now. The price action at point 3 is indicating a reversal. Support this chart so everyone can see and don't miss this move. Thank you.
Smile as you make money with $SDCAnother short-squeeze candidate that is clearly showing signs of upward trend.
BUY signal with 9 confirmations (including the 3 white soldiers).
Happy Trading, from CJ -- aka the greatest FURU.
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Short term dip - Long term gains
The $11 dollar range for SDC looks ideal.
Expect a massive short-run dip of 30-40%
Followed by an immediate run up of 40-50% bouncing off long term resistance.
Keep it on your watchlist Potential gain:+60%
Reward/Risk:>3
Timeframe: 4-6wks
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SDC perfect buying opportunity, technical and fundamentalSDC has seen a sharp dive since its IPO, and took another hit after the pandemic and the “news” claiming inefficacy. The chart has shown recent consolidation over the support line (which dates back over a year) and shows a wedge that is ready for a breakout.
Smile Direct Club to $20Smile directly at the camera when they take a picture of you booking your gains.
NASDAQ:SDC on the way to $20.
SmileDirectClub - $SDC Daily ChartDaily chart on SDC, looking for momentum on the price break above $10
Anything under 7.76 be careful
ready for a short squeeze.nice rebound from Fib 0.618 level. breaking (7.95-8:00) will send it fast to $9 ( strong resistance) breaking it might send to its' final destination $11.24 ( filling the gap).
Please note: just sharing my view. its not a recommendation for buying or selling
Smile Direct Club (Nasdaq: SDC) Technical Analysis Possible cup and handle pattern forming here. Major support ($6.18), Major resistance ($7.76) and break above (8.00) psychological resistance for retracement to gap fill territory ($9.20).
Breakout confirmed SDCSDC was able to breakout of the descending triangle pattern, indicating a reversal in the downward trend.
Descending triangle $SDC This has all signs of a bearish pattern upon completion. I'm a big fan of the company but this doesn't look good all things considered...
SDC - Smile Direct Club - LONG Open Above trend line - Look NowSmile Direct Club looks really good breaking this line lets see if it holds
SDC 38% potential targetSmileDirectClub Inc is a United States based company engaged in the orthodontics business. It is mainly involved in the sale of aligners, impression kits, whitening gel, and retainers.
There was a decrease in selling volume as indicated on the chart and an increase in price at the same time
I think it will get to 38% increase from current prices
Good luck and thanks for the likes
$SDC Coiling For A Breakout$SDC is setting up for a major breakout. When is anyone's guess, but we thing it's coming sooner rather than later. With 30% of the float short, we think $SDC could really get going.
As always, trade with caution and use protective stops.
Good luck to all!
