About 2 month ago the stock went all the way up out of a small zone. It was heavily shorted then.
The strong zone was opening at around 0.8 USD. This is the strongest tradet point (volume) on the chart.
I think it will settle today and go up tomorrow, because now it was a Shorting-of-the-Thrust because it went under 0,8 USD and returned upwards.
Next week the earnings of Q1 will be out. SNDL is dept free.
The target price is above 5. It will settle there to test the top and maybe turn back or turn up.
The strong zone was opening at around 0.8 USD. This is the strongest tradet point (volume) on the chart.
I think it will settle today and go up tomorrow, because now it was a Shorting-of-the-Thrust because it went under 0,8 USD and returned upwards.
Next week the earnings of Q1 will be out. SNDL is dept free.
The target price is above 5. It will settle there to test the top and maybe turn back or turn up.
Comment:
I think the Shorters are feeling the market till a lot guys will be leaving ... then Take Profit .. and then UP
Comment:
I just checked what's going on here. It seems that the cryptos are going down now. People are leaving for gold. GOld will rise thereafter. I think one last move will be there. And then the stock season begins.
