Sundial has had improved EPS (still not impressive atm) BUT, the street has given it a $2 valuation (DYOR) at the least and it's a behemoth of cannabis stocks. With the fed ban lifted now, this should open the market up considerably and SNDL, with several hundreds of employees and tons of cash, this is something to watch. The technical indicators are more for my...
🟢 $ABC Target 12.90 for 32.85% Or double position at 6.52 I added here because it bounced off of support… if it hits support again (6.52) I will double my position. It's about time that cannabis stocks go for a run... ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my...
🟢 $SNDL Target 1.95 for 65.25% (134% from here) Or double position at .65 Support level ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double...
🟢 $TLRY Target 19.84 for 22.92% Or double position at 12.44 I added here because it bounced off of support… if it hits support again (13.41) I will add again before doubling at 12.44. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are...
Look like it's ready to breakout. I got price targets of $13 and $16 after the breakout.
First time in a long time that TLRY failed to close above its 200DMA. Despite this, it remains consistently trading around the 786 fib over the last few months. Without any fundamental catalyst, it really could depend on that industry at large. I think the whole MJ Bill was a buy the rumor/sell the news for what it's worth. Not a whole lot of range on the move...
OGI is free of any significant debt after repaying our entire term loan balance of 58.5 million! The company currently has 220 million in cash and short-term investments! The Market Cap is only 880.85M! Q3 results: - Gross revenue grew 51% from Q2 2021 to 31% from the same period in fiscal 2020 to 29.1 million. - Net revenue grew 39% from Q2 and 13% from the...
SNDL Sundial, beside being considered a meme stock, it was a top volume asset in the last few months. SNDL Sundial stock has an Avg. Volume of $206,286,369 Yesterday Volume was $102,632,702 Due to this fact and the increase demand in the cannabis industry, my price target is 1.25usd resistance. But if we use the Fibonacci extension tool, we will see a 2.8usd...
We are approaching price levels around CAD 3.37 and expect the course to turn around that mark. From there, the corrective movement should be over and followed by an increase above CAD 3.86. Once above this mark, we have a strong signal for further runs towards CAD 4.60. Don’t miss it!
It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward. On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one...
reminders: 1. do not enter without the confirmation. 2. set your stop loss if entering with leverages 3. set your conservative TP Disclaimer: a negative catalyst can change a bullish trend Trade at your own risk candles may not follow the lines exactly, but it may follow the movement as specified.
FXCM's CANNABIS basket is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic has moved into the upper quintile, and maintenance of this level (blue arrow) increases the chance of a successful trade. Trend following indicators may be useful in...
SNDL in his way to the target. It may takes time. remember there is no stock that go straight up. (((patience)))!
Stocks looking like cryptos U pattern a few months ago. The market only repeats itself in different forms and in different markets. Be ready!! Cannabis stocks ready to surge!!! #BLESSEDPIPS
Sundial Growers is a Canadian company based in Calgary, manufactures and distributes cannabis products to the medical and recreational market. Many American states are slowly opening up to the use of recreational legal cannabis and the interest of investors is growing more and more. Clearly as it always happens, there comes a time when many people realize the...
TARGET HIT $TLRY @ 21.97 for 26.19% Profit in 33 days This one hit in pre-market today but I couldn't publish the chart because I guess I published 10 in the past 24 hours. So I had to update in aftermarket hours. Took profit at target @ 21.97 🥳 I love this stock and I'll be back when it hits the Lower BBand on the 4 hour.