SNDL Harmonics- Long Call

This is update to previous SNDL "Bottom IN" call (see linked chart below). This updated chart is to provide a bit more of my insight to what I feel is going on. Today SNDL may make a bit of a rest and bring itself back down to 0.86 cents to form a more stable bottom to the pattern. We are currently at .382 and those are not so common for deep crab patterns.. so I am expecting it to come back down a bit. This may serve a better opportunity for late traders to get in before a move up. This will be your last opportunity as well lol... So look for a buy in maybe around 0.86 cents.

Again this may also spike up today- if so- be ready. However its not common to see a .382 fib force a pump up, but it does happen in super strong bull markets. I do not think we are in a bull market right now. However, you can see here the OVERALL thinking and long term move in mind.. which should payoff well. ENJOY!

If you like the chart- please THUMBS UP and SHARE. Thank you

Note

Thought we had liftoff- but just a premature pop up.. lets see if it rallies back....wow :)

Trade active

Target 0.86 reached should be all uphill from here.

Trade active

Price action looks to be counter the call, but waiting for more confirmation into the trading day. Set your stops

Order cancelled

Looks like we got too much downside for this call... new bottoms coming in hard! :/

Note

Expecting possible bottom at 60-63 cents! WOW... if we do not hold at 73 cent area.

Moorsc0de

Moorsc0de aka Crypt0nomics aka Zaphkiel

Also on:

Related publications

SNDL Bottom in?

by Moorsc0de

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.