Price has reached a key area of support & yesterday has rejected off 0.92 with a bullish pin bar to finish off the day. I am expecting price to rise while trading above this zone, to visit the last area of structure resistance above once again..
Sundial Growers SNDL- Looking at a triple bottom? Don't call it a comeback!
We broke down from the descending triangle - bearish reversal initiated. Need to retest $1.4 and then confirm as support again for me to be bullish. We are now below the 50d MA on the 4H time frame - be cautious.
I know SNDL is still living in Reddit/Meme territory, but there are also some very solid technical analysis (TA) indicators that could mean we're in for another push. Chart above has call outs for major points of consideration, but will recap here as well: Each push that SNDL has made, comes back to the .618 retracement line (which is a pretty sizable pull...
Wisest Option is to hold. Go long only if the resistance level 1.75 USD will be broken. NASDAQ:SNDL NASDAQ:SNDL
Sundial Growers - SNDL - Growth Sector - 2X 3X 4X play? Don't tell me you got in at $1. Same with Tilray(TLRY) and Alphria(APHA) in a 'Growing' sector. Fortunes will be made through patience! Not financial Advice.
It's sort of at a tipping point and I don't think it has the strength to tip upward. I will probably make a partial reentry anywhere in the circle, then wait for more information. I have it going as low as $.94 but I won't wait that long for my first reentry. If it gets to 94 cents I'll go hard. With legalization on the table, it may not dip so low, but remember...
Sundial Growers - SNDL - Nice entry at $1 or lower? At $1 or lower we could see a potential 4X or 5X. The greater the potential return if entry is sub $1. We will see? Not Financial Advice.
NASDAQ:SNDL Wisest Option is to hold. Wait the end of this price retracement before buying Risky Option: GO long target price 1.75 USD
Growing safe and consistent cannabis isn’t something we take lightly. Our customers trust us to deliver a variety of high-quality products and to help them make informed decisions. We honour that trust by filling our world-class growing facilities with world-class people - experienced growers, researchers, quality-assurance specialists and more, all experts in the...
Sundial Growers - SNDL Stock - Too Cheap to ignore? 200% Play? Fib play for 200% gain? If it drops to $1 entry then 5X return? Remember it does not have to hit these targets to grow an account. We will see? Not Financial Advice.
After an impressive run up on high volume, SNDL is cooling off and returning back to a more reasonable buying zone. Technical reasons for the trade: → Price has exploded on high volume. This means more eyes are on this stock, with people who missed the first move wanting in on the action → Very little volume traded overhead. When this breaks the old highs, it...
Let's see if my crystal ball works.
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 stock looks good for upside, make sure you don't over-risk. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion...
Wisest Option is to hold. Wait the end of this price retracement before buying NASDAQ:SNDL
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.
Ridiculous embedded weekly STORSI driving SNDL higher into Earnings in March. I'm speachless. No I'm not. Sell puts to be paid to take the shares cheaper? Buy calls? Buy shares? What's your horizon? What's your price taking target? How much you want back? Is it in dollars or percentage? Are you a bear? I can see that, fundamentally a mystery to me, lots...