TradingView
Teammongoose2
Aug 31, 2023 5:27 PM

UPDATE: $SNDL MOONSHOOT Long

SNDL Inc.NASDAQ

Description

Update to the last NASDAQ:SNDL idea, I hope a lot of you bought in around $1.40 range. But fear not, still plenty of opportunity to jump into cannabis sector while it's at historic lows. Recent announcement via HHS of recommending lowering schedule of cannabis obviously helped, if the DEA follows suit expect another leap forward. Calls to late 2024 and early 2025 looking really, really attractive. MACD turning green for the first time in a hot minute is a great indicator of a trend reversal.

Good luck traders!

T1: 7-10$
T2:30$+
More