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Long the Sharecare $SHCR

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Sharecare 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.



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Bullish PatternsChart PatternshealthcareSHCRTrend Analysis

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