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 has been getting a lot of love from dark pool buyers in January. Smart money is interested. - Short Squeeze Potential. 25%+ short interest at the moment. - Strong Fundamentals. GDRX still seems to be misunderstood. Amazon's entry into the pharmacy business may have caused an overreaction, as they would only be targeting ~5% of the industry (mail orders). GDRX has long-standing relationships with many PBMs, Amazon only has one.
Earnings call expected in February. Good luck to all! (long GDRX 4/16 45c)
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.