Moorsc0de

SNDL Update ...beware of slow price action

Long
Moorsc0de Updated   
NASDAQ:SNDL   SNDL Inc.
Chart posted 5-24-2021 at 10:35am - This has been a pain in my side.. pesky little equity lol. However I think we continue to see the support show actual "SUPPORT". The pattern that has just drawn is a bullish one and should hopefully bring us back upside to 85 cents. I think the move may be very quick.. esp as market had some positive results today. May even take place in post market, but I think this is a good sign (if it doesnt reject). Possible rejection could be 75 cents. We want to see big moves upside quickly.. if not then the failure could be just drawing us in. Yes bullish patterns can fail.. Lets just see what happens with price action. Longer than expected price action = failure...
Comment:
Any price action below 70 cents is no good.
Comment:
Good momentum today, but we aren't out of the woods yet. Let see what develops over this week. Looks good so far.
Trade active:
If price does not go below .74 - we go up! Support hsa been acquired here so far.
Trade active:
We have gotten the price action we were looking for!!! :)
Trade closed manually:
Target reached- trade closed. Will look for another entry price for higher move up. Price potential could be 0.86

Moorsc0de aka Crypt0nomics aka Zaphkiel
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