The 50-day-EMA is acting as much-needed support. 50-EMA is giving SNDL enough time to catch up to the Ichimoku cloud for a potential blast off into the rocket ship territories. With the recent price gap in the chart now fully filled we can look ahead towards meeting the Ichimoku cloud at some point during Friday's trading day. The short term price target is at...
CRBP has a massive upside from here. The 2nd wave is complete and the 3rd wave is on way
Let's see if my crystal ball works.
I heard about $SNDL from traders on Twitter. Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Price action is showing us it's intentions so we basically need to be patient in order for it to play out to time a good location to...
That's a nice wide open channel we've got. A lot more room to breath, and gives me higher hopes for some good swing trade action. 2,811 shares @ $0.9231 Avg Holding until it fails to break top line 3 times. If it does break through, I'll update again and my count restarts.
This indicates that they think the rally is over, and quickly raised more cash at investors' expense. When this is used up, their float will roughly be 1.9 billion shares. Question is, what are they intending to do with the money. $800M cash, $1B shelf prospectus. At this point still a company with little value.
Pot stock providing the software solutions for cannabis companies to expand. They have strong revenue growth and will be the leading pot stock in the next run. LONG.
SNDL let's jump in! Technicals : 1. Stock had a motive wave – we can see its not an impulse wave but a regular motive because the stock doesn’t fit the golden rules of impulse wave by Elliot's theory. - In the duration of 2 days the stock made a move of 231%. - RSI OVERBOUGH during the whole period - ADX way above 40 middle line – asset extremely...
I've received requests for this one, and figured to take a look. Anyone with access to seconds timeframe? If anyone has access to seconds timeframe, please share a chart of 1 seconds of that spike down from $3.96 to $1.01. I would love to see how that looks. Please include volume. What do I see? Golden cross on the weekly chart, but a spike at literally...
SNDL Long Position (First Option Markup)
Not looking too good for sndl, it will either consolidate here or continue to drop
One of my favorite trade setups and success rate is fairly high... This is a great point of entry, price is above 200MA and MACD signal line below 0 ready to fire! Wait for the cross and load up. A buy signal from TRND will be my confirmation here! Low risk at this area of value setting my stops below support. Load up on the calls! Trade smart with clean...
They say money doesn't grow on trees.. well I say otherwise..Wait for the MACD to cross then I'm going to grow some money on the SNDL tree. Bounce off the 100EMA, last time was 25% away from it, this time the same. Now that's just speculation on my part and is somewhat meaningless, what matters most is that it is above the 200MA and the MACD signal line below 0,...
Put it to 5m to see what we saw. Double tops initiated the first downtrend and now a symmetrical triangle is in the game. Very bearish!
stock chart review 2/11/21
Boy am I glad I held. This bad boy looks like it turned two resistances into supports. Top line from early first peak in this bull cycle, bottom from first peak in Aug when we turned bullish. I'm holding until third touch of an ath line it doesn't break. Floor is now higher than my initial sell point, so no lose scenario. Just getting started.
I trade zone to zone. looking to ride up to $10. I have a contract that ends in april. bought when it was at 0.25
Hello All. Here is my analysis that is not so far fetched. Pros: 1. Partnership with microsoft. 2. Solid institutions bought in December 2020 3. Pharmaceutical Division pending 4. Low float count in available shares 5. Multiple failed breakouts but solid consolidation 6. Potential Loan coming from the Federal Government to kick start Pharmaceutical...