BehindTheTrade

#SNDL - Fun has finished for bears. H4 showing reversal signs

Long
NASDAQ:SNDL   Sundial Growers Inc
Long story short: H4 chart is shwing a H&S reversal pattern which will be confirmed in the next hourly sessions, by breaking the neckline at .795$. In my opinion there are good chances to see a runaway gap above this level tomorrow FRI 20th.

Target for this technical pattern is 0.92$, while 0.85$ is the target for the green channel that you can also see in the chart.

Longer term, next target will be 1.4$, which is the falling wedge target in red. After that level is reached.... only highways..

Good luck!

-- THIS IS NOT A FINANCIAL ADVICE --

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