SNDL breakout trade !!

NASDAQ:SNDL   Sundial Growers Inc
Hello Trader,
good mood and profitable trades !

As you can see on the chart, SNDL forming a bullisht chartpattern !!

MACD : divergence an d bullish cross
RSI and STOCH: bullish divergence

TRIGGER: breakout whit confirmation on LTF or bullback

Fib bretracemant act as targets

SL if price falling back in the pattern under 0.618 , or under 1d ma20 !

Remember that things can change too .

If you like this idea , support me with likes and comments !!

Dyor and trade save !
Comment: iv H&S forming
Comment: H&S target reached


From your chart analysis it seems like we should not be surprised to see it to drop up to $0.5 .
With no more good news with Biden coming, it's like wait 3-4 months more before to see any upside.
Not sure anymore is it worth waiting or investing in stocks that are going up, not down.
+1 Reply
TR7z hungrysquirrel2021
@hungrysquirrel2021, I m absolutely agree. i never executed this trade and i will concentrate on other stocks as well
+1 Reply
TR7z okafor1078
@okafor1078, Thanks bro, so far 1D ma 20 is a strong resistance
nice chart and good move already
TR7z coinwide
@coinwide, thanks..yes,a good start
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